Buzz Update Global giants ambitious in China’s air cargo market TOU

Buzz Update Global giants ambitious in China’s air cargo market
 TOU

Global giants ambitious in China’s air cargo market

© Provided by Xinhua

China’s air cargo sector manifests its resilience and dynamics during the pandemic period. It is also playing a key role in sustaining the supply and industrial chains and unleashing the potential of the country’s air cargo market for industry players at home and globally, said industry insiders.

The country is also vowing all-out efforts to stabilize the industrial and supply chains in a bid to ensure foreign trade, a key underpinning for the economy. It commits to tapping into the potential of air cargo to ensure smooth transportation of important parts, equipment and products, alongside other efforts.

Air cargo industry players are gaining new opportunities from China’s precise and effective epidemic prevention and control measures and upgraded commerce and consumption, as well as support policies in the sector.

“Cathay Pacific Airways will continue to expand our network to provide more cargo capacity in the market,” said Agatha Lee, regional general manager of Cathay Pacific Airways China.

Cathay Pacific is also applying digital technologies to facilitate air freight transportation. Together with partners, the carrier is also offering integrated air-road transport options to complement its network and provide a wider range of logistics solutions.

© Provided by Xinhua

Related global industry players are also moving intensively in the Chinese air cargo market.

FedEx Express, a subsidiary of FedEx Corporation, launched on June 13 a new air cargo route. With 10 round-trip cargo flights weekly, the route will increase the weekly cargo capacity between China and Europe by around 400 tonnes.

It is a new move by the global express transportation giant to enhance market performance in China, also its sixth new intercontinental route departing from the Chinese mainland since last June.

“FedEx is committed to strengthening networks in China and connecting China more closely with the global market through efficient, reliable and abundant transportation capacity,” said Eddy Chan, FedEx Express senior vice president and FedEx China president.

“China serves as a strong engine driving the recovery of the world’s economy. FedEx is committed to strengthening connections between different markets and facilitating the recovery and development of global business activities,” Chan said.

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