摩根斯坦利：中国物流分析( 英文68页)

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 China Logistics: Ensuring China’s Long-term Economic Health & Efficiency......4

Can China’s High Logistics Costs Be Tamed?............................6

Investment Implications: The China Logistics Basket..................15

An Infant Industry with High Growth Potential......22

AlphaWise Evidence..........34

Market Overviews

E-Commerce: A Beneficiary of Improving Logistics Efficiency......37

Consumer: Modern Logistics a Boon to Sub-Sectors.............39

Technology Providers: The Digitalization of China Cities.......43

Equipment Manufacturing: Handling Logistics In China..........45

Pharmaceuticals: Logistics Efficiency to Hasten Industry Consolidation........47

Appendix 1: Overview of Logistics.......................51

Appendix 2: China’s 12th Five-Year Plan and Logistics Development................52

Appendix 3: China’s Railway Map...........53

Appendix 4: China’s Highway Network...........................54

Appendix 5: China’s Airport Network...................55

Appendix 6: Leading Global Logistics Providers’ Regional Hub in China............56

Appendix 7: Recent M&A in China Logistics........57

Appendix 8: Milestones of Global Players’ China Expansions.....58

Appendix 9: China Logistics Investment Basket..........................62