We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2022
    • Upload Your Video
Home » China's hotter than we thought
newsworthy

China's hotter than we thought

February 1, 2006
DC Velocity Staff
No Comments

China watchers who eyed earlier projections for China's economic growth with skepticism have been vindicated—sort of. Revised figures out of Beijing show that the growth rate in 2005 was not the 9.4 percent originally predicted—it was actually an unexpectedly strong 9.8 percent. The new figure reflects the results of a national economic survey released in December, according to the Chinese news agency Xinhua. That survey incorporates a more accurate accounting of the previously underestimated service sector.

The new report has triggered a shakeup in the world's rankings. Mainland China has replaced Italy as the world's sixth-largest economy, trailing the United States, Japan, Germany, Britain and France.

As for 2006, China's GDP is expected to grow between 8.3 percent and 9.3 percent, the State Information Center think tank said in a report published in Shanghai Securities News. If China fulfills those expectations, look for more shakeups ahead. China could well overtake both Britain and France this year.

Global Logistics
  • Related Articles

    Yellow boosts presence in China

    China opens its doors to foreign investment and logistics expertise

    DHL extends multi-modal service to link China and U.S.—Covid-19 roundup for August 11

Recent Articles by DC Velocity Staff

GE brings good (read: green) DC to life

Please download your license and registration, uh, sir

Air cargo rates dip as transatlantic freight volume cools off

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Private equity firm acquires packaging provider Coregistics in e-commerce bet

  • Trucking industry warns that AB 5 decision could push freight capacity out of California

  • Packaging industry reprioritizes amid inflation, supply chain disruption

  • Warehousing's perfect storm

  • Raymond Corp. marks 100th anniversary

Now Playing on DCV-TV

341c72d1 8d39 40a8 806a a015752340ea

AB 5 + WEST COAST PORTS + THE UFLPA = A VERY BAD WEEK FOR SHIPPERS! WEST COAST DRAYAGE FREIGHT COSTS LIKELY TO SKYROCKET!

DCV-TV 4: Viewer Contributed
Last week was a terrible week for shippers. Why the doom and gloom? There are three things that have happened that could dramatically impact your freight costs and supply chain operations. Watch the video to learn more. Find other logistics resources at: https://www.tranzact.com/resources And don’t miss out on...

FEATURED WHITE PAPERS

  • Breaking Bad: Conducting Full Truckload RFPs in the Age of Digital Freight Procurement

  • Fueling Sustainability for Manufacturers: Strategies to Increase Fuel Efficiency and Reduce Your Carbon Footprint

  • Guide to Proven Warehouse Solutions

  • Five common misconceptions about running a private fleet

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing