section_path: Economy/Modern logistic industry
section_name: Modern logistic industry
paragraph_text: Modern logistic industry
  
  Because of its logistic infrastructure, professional network, and resources in science, technology, and communication, Chengdu has become home to 43 foreign-funded logistic enterprises, including UPS, TNT, DHL, and Maersk, as well as a number of well-known domestic logistic enterprises including COSCO, CSCL, SINOTRANS, CRE, Transfar Group, South Logistic Group, YCH, and STO. By 2012, the logistic industry in Chengdu will realize a value added of RMB 50 billion, with an average annual growth exceeding 18 percent. Ten new international direct flights will be in service; five railways for five-scheduled block container trains will be put into operation; and 50 large logistic enterprises are expected to have annual operation revenue exceeding RMB 100 million.