China will build a cold chain logistics system to improve food safety and boost consumer spending, according to an official document released on Friday [21 April 2017]. The general office of the State Council, China’s cabinet, published a guideline on the development of cold chain logistics framework, underscoring the importance on food safety and consumption upgrades…Full Article: China Daily Apr 2017
- By 2020, the State Council noted that China should have a cold chain temperature tracking system.
- By the end of 2015, China had a total freezer capacity of approximately 93.5 million cubic meters (an increase of 12.6% from 2014). On average, the USA’s freezer capacity totaled 0.36 cubic meters per capita, while Japan’s totaled 0.33 cubic meters. Far behind was China, with an average freezer capacity of 0.07 cubic meters per capita.
- In 2015, approximately 65% of China’s seafood passed through its cold chain network, followed by 50% of its meat, and 30% of its fruits and vegetables.
- From 2014 to 2015, China’s top 100 cold chain logistics companies saw their revenue increase 17.3% to CNY 17.38 billion (USD 2.52 billion).
- In August 2016, China’s first refrigerated-container train departed from Dalian, Liaoning Province, to Moscow transporting pears (origin Hebei Province), pomelos (Guangdong Province), and garlic (Shandong Province). The new refrigerated-container train route will cut shipping times by 60% versus traditional shipping routes (ship and rail). Once crossing the border into Russia, the Chinese goods will be transferred onto a Russian freight train near Lake Baikal.
- In May 2016, JD.com and Shanghai Zheng Ming jointly opened a cold storage logistics center in Tianjin Municipality.
- In September 2014, it was reported that the large Chinese refrigeration companies of Aucma (based in Qingdao, Shandong Province) and Wanbao (based in Guangzhou) had manufacturing facilities in the Minquan High-tech Zone. By 2015, they hoped by 2015 that the zone will have the capacity to produce 20 million refrigerators and more than 20,000 refrigerated truck units.
Hong Kong Trends