The e-commerce logistics provider opened its DHL eCommerce Shenzhen Distribution Center and will also expand its existing distribution centers in Shanghai and Hong Kong as part of its plans to grow its presence in China by over 50 percent.
DHL eCommerce, a division of Deutsche Post DHL Group, opened its DHL eCommerce Shenzhen Distribution Center and will also expand its existing distribution centers in Shanghai and Hong Kong as part of its plans to grow its presence in China by over 50 percent, the company said.
The new DHL eCommerce Shenzhen Distribution Center, which supports the booming manufacturing sector in Shenzhen and the growing base of Chinese online retailers, has a capacity to handle up to 18 million shipments a year. This will allow for faster, more streamlined shipment and clearance of e-commerce exports to the rest of the world, DHL eCommerce said.
“Cross-border e-commerce already accounts for almost 20 percent of China’s foreign trade, and the country’s business-to-consumer e-commerce market is expected to grow at a compound annual growth rate of over 30 percent from now till 2020,” DHL eCommerce Asia Pacific CEO Malcolm Monteiro said. “With the ability to scale up its size by 150 percent, the DHL eCommerce Shenzhen Distribution Center is fully capable to support this growing demand over the coming years.”
Meanwhile, once DHL eCommerce’s Shanghai and Hong Kong distribution centers are expanded, they will be able to handle 48 million and 71 million shipments, respectively, on an annual basis.