국내 물류기업(3PL)의 중국 물류시장 진출 방안

Abstract

China is the fastest growing economy in the world. China's logistics market represents 20% of the national GDP. Although the logistics industry is still in infancy stage, third party logistics(3PL) is a new and developing industry in China. China designates logistics as a strategic industry for economic development, and aims to invest massive capital into rail, road, port infrastructure, and information technology. China is said to phase out all restrictions on foreign logistics firms within three years. It is time for Korean 3PL service providers to plan to establish an effective entry in China.The purpose of this study is to review the situation of Chinese logistics and 3PL market suggesting entering strategy of Korean logistics firms into Chinese logistics market. Korean logistics firms have to increase their size to enter the Chinese logistics market by way of consolidation between small and medium logistics firms and one equipped with facilities, labor and software to provide customers with value added service. To promote the consolidation of logistics firms and the development of 3PL service, government have to consider the constitution of the 'Junmunmulryukioupryuksungbup(Act of Promotion for Integrated Logistics Service Firms)'. Also 3PL service providers need to make their efforts in supporting the logistics activities of Korean manufacturing and distribution companies in China, hopefully to expand their services to Chinese firms and foreign firms in future. It is recommended that 3PL service providers should look for strategic alliances or merger & acquisition(M&A) with Chinese partners who control transportation assets. Of course, they have to review and scrutinize the legal and institutional matters and constraints in doing 3PL business in China.