{"id":28406,"date":"2021-12-07T15:50:34","date_gmt":"2021-12-07T12:50:34","guid":{"rendered":"https:\/\/www.al-sindbad.net\/beijing-launches-china-logistics-group\/28406\/"},"modified":"2021-12-07T15:50:34","modified_gmt":"2021-12-07T12:50:34","slug":"beijing-launches-china-logistics-group","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/beijing-launches-china-logistics-group\/28406\/","title":{"rendered":"Beijing launches China Logistics Group"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>China announced the creation of a new state-owned logistics group on Monday.<\/p>\n<p>China Logistics Group aims to become a \u201cglobal supply chain organizer\u201d by developing international trade links and freight services, as well as cross-border e-commerce, state media reported.<\/p>\n<p>The new company was formed through a merger of China Railway Materials, China National Materials Storage and Transportation Group, Huamao International Freight Limited Company Shenzhen Branch, China Logistics, and China National Packaging Corporation.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>The newly-formed group will also include as strategic investors the parent firms of China Eastern Airlines, Cosco Shipping and China Merchants Group, who will respectively hold share percentages of 10%, 7.3%, and 4.9%.<\/p>\n<p>China\u2019s State-owned Assets Supervision and Administration Commission (SASAC) and state-run China Chengtong Holdings Group will evenly split the remaining shares.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div id=\"div-gpt-ad-1_95_0_1_2\"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });<\/script> <\/div>\n<\/div>\n<\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China announced the creation of a new state-owned logistics group on Monday. China Logistics Group aims to become a \u201cglobal supply chain organizer\u201d by developing international trade links and freight services, as well as cross-border e-commerce, state media reported. The new company was formed through a merger of China Railway Materials, China National Materials Storage &hellip;<\/p>\n","protected":false},"author":1,"featured_media":28407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[],"class_list":["post-28406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-port-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/28406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=28406"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/28406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/28407"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=28406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=28406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=28406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}