DHL Unveils First in China Strategy, Kicks off 20th Anniversary of Successful Joint Venture Partnership with Sinotrans; Investment in Building Flagship Express Headquarters Boosts Commitment to Greater China to Over US$900m.BEIJING -- DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature , the world's leading express and logistics company, has launched its First in China strategy on the kick off of the 20th anniversary of DHL-Sinotrans, China's first international express joint venture. The First in China strategy reaffirms DHL's long-term commitment to China and heralds further expansion of capacity and investment amid a boom in China's express and logistics market. The strategy was announced at a ceremony to launch the DHL-Sinotrans' 20th anniversary logo, attended by Dr. Klaus Zumwinkel, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Deutsche Post Deutsche Post AG (ISIN: DE0005552004, LSE: DPO) is a German post, logistics and courier headquartered in Bonn, previously the German state-owned mail monopoly. It has 520,000 employees in more than 220 countries and territories worldwide and generated revenue of € 60. World Net, DHL's parent company, who was in China to mark the jubilee jubilee (j  `bĭlē), in the Bible, a year when alienated property and land were restored, slaves were manumitted, debts were forgiven, and a general sabbatical year was observed in , and Mr Miao Gengshu, Chairman of the Board for the Sinotrans Group. Other senior management executives present included Mr. Zhao Huxiang, President of the Sinotrans Group; Mr. Scott Price, CEO of DHL Express - Asia Pacific; Mr. Jerry Hsu Jerry Hsu (b. December 17, 1981) is a professional skateboarder who was born in, and currently resides in, San Jose, California. He is a member of the San Jose Tilt Mode Army crew. He also has a signature model skateboard deck with Enjoi. , President of DHL Express Greater China; and Mr. Wu Dongming, Managing Director of DHL-Sinotrans. With First in China, DHL will execute a series of major initiatives in 2006, including investing about US$24 million to build the DHL-Sinotrans Headquarters, its flagship head office for its Express operations. With this investment, DHL has committed over US$900 million into its Greater China operations in recent years, including US$400 million in Air Hong Kong
Air Hong Kong Limited (香港華民航空), abbreviated AHK, is the only all-cargo airline based in Hong Kong. It operates regional overnight express and freight services. , its joint venture with Cathay Pacific Cathay Pacific Airways Limited (HKSE: 0293 ) is an airline based in Hong Kong, operating scheduled passenger and cargo services to over 104 destinations worldwide. It is the flag carrier of Hong Kong with its main base at the Hong Kong International Airport. [1]. ; US$210 million in the Central Asia Hub, which serves Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and the Pearl River Delta The Pearl River Delta Region (PRD) in China occupies the low-lying areas alongside the Pearl River estuary where the Pearl river flows into the South China Sea. Since the "Open Door Policy" was adopted by the Communist Party of China in the late 1970s, the portion of the delta in ; and US$273 million to expand and enhance its infrastructure network in China since 2003. Under the First in China plan, DHL-Sinotrans will also increase the number of branches from the current 56 to 72 nation-wide, boosting its role as a trade facilitator and providing even more efficient support for the economic development among the different regions in China. Through a comprehensive upgrading of network, infrastructure and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. capabilities, First in China will help DHL significantly strengthen its market leadership in China, and highlight its strong confidence in the Chinese market. Dr. Zumwinkel said, "Over the last 20 years, DHL-Sinotrans has consistently proven to be the leader in innovation and network investment. Today, China has become one of the fastest-growing markets within DHL global network, and is strategically important to DHL's Asia Pacific and global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. . By unveiling First in China, DHL is demonstrating its confidence in achieving even better results and delivering on its long-term commitment to the Chinese market through enhanced investment and partnership." Mr Zhao Huxiang, President of Sinotrans Group, said: "DHL is our first international partner to set up an express joint venture in China. We have shared an aligned vision ever since our first collaboration back to 1980, and especially enjoyed 20 years of success together. Sinotrans appreciates DHL's recognition of the importance of the Chinese market, and we firmly believe that the 20th anniversary of DHL-Sinotrans will set up another milestone for our win-win cooperation." DHL-Sinotrans has scored impressive achievements in the 20 years of successful partnership, including recording an average annual growth rate of more than 40 percent in the past few years. The company has consistently maintained and strengthened its leadership position in China's international express and logistics market. The DHL-Sinotrans Headquarters, with a total floor area of over 40,000 square meters Noun 1. square meter - a centare is 1/100th of an are centare, square metre area unit, square measure - a system of units used to measure areas , is located at the Beijing Economic-Technological Development Area, which is home to many international MNCs. When it is completed in 2007, its state-of-the-art facilities will boost DHL-Sinotrans' already unrivalled capability and capacity for both air and ground operations in China. The nine-story building will incorporate the Country Training Center with 37 classrooms equipped with the latest training facilities; a Call Center covering an area of nearly 5,000 square meters, and furnished fur·nish tr.v. fur·nished, fur·nish·ing, fur·nish·es 1. To equip with what is needed, especially to provide furniture for. 2. with 1,000 seats by 2019; a 260-square-metre Information Technology Center; and an Express Logistics Center and an Operations Center The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. , with a total area of 5,400 square meters. It will also house the 300-square-metre China Quality Control Centre, which enables the proactive monitoring and control of shipment movements in the country. Mr. Hsu noted, "DHL has been ramping up its investments in China and our US$900 million investment program, including the construction of the DHL-Sinotrans Headquarters, underscores our strong commitment to China. With the inauguration INAUGURATION. This word was applied by the Romans to the ceremony of dedicating some temple, or raising some man to the priesthood, after the augurs had been consulted. It was afterwards applied to the installation (q.v. of the building, this leading express operations center will enhance DHL-Sinotrans' position as an important part of DHL's Asia Pacific and global network." As China's market leader, DHL-Sinotrans boasts the most extensive network with an impressive air express service network and branches in major cities across the country. DHL-Sinotrans' air operations include utilizing over 500 flexible commercial flights every week, as well as 4 existing DHL dedicated direct flights. The seamless connections between DHL's Asia Air network and global network enable it to further promote trade exchanges between China's regional markets and the global market. DHL was the first international express company to enter the Chinese market in 1980 and made a major commitment to the country in 1986 with the founding of DHL-Sinotrans. Since the opening of the Chinese logistics market in 2005, DHL has been making great strides in improving its network and services. With the upcoming string of DHL initiatives on its 20th anniversary, 2006 offers plenty of reasons for the market to harbour high hopes and expectations. About DHL DHL is the global market leader of the international express and logistics industry, specializing in providing innovative and customized solutions from a single source. DHL offers expertise in express, air and ocean freight, overland o·ver·land adj. Accomplished, traversing, or passing over the land instead of the ocean: an overland journey; an overland route. adv. transport, contract logistic lo·gis·tic also lo·gis·ti·cal adj. 1. Of or relating to symbolic logic. 2. Of or relating to logistics. [Medieval Latin logisticus, of calculation solutions as well as international mail services, combined with worldwide coverage and an in-depth understanding of local markets. DHL's international network links more than 220 countries and territories worldwide. 285,000 employees are dedicated to providing fast and reliable services that exceed customers' expectations. DHL is a Deutsche Post World Net brand. The group generated revenues of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 56 billion in 2005. About SINOTRANS China National Foreign Trade Transportation (Group) Corporation (SINOTRANS) is the largest international freight forwarding company and the leading integrated logistics service provider in China. Comprehensive logistics and service capacity of SINOTRANS come from an intensive network covering China and the rest of the world, supported by advanced information technology. Profited from the advantage of a prompt and efficient information network, SINOTRANS has rapidly redeveloped its domestic and overseas resources, and the well-trained staff can offer the best tailor-making logistics solution and an all-around service to help its clients to reduce the operating cost, and to win over their leading positions on the market. SINOTRANS has worked out its logistics service; and aimed at reducing the operating cost for its business partners. It has also set up basic principle as a strategy of "win-win" policy among the business partners, to realize mutual development for its clients. About DHL-Sinotrans DHL-Sinotrans is a 50/50 joint venture established in 1986 between DHL and China National Foreign Trade Transportation (Group) Corporation. Combining DHL's leading expertise in the global air express industry and Sinotrans' unrivalled local knowledge in the China foreign trade transport market, DHL-Sinotrans provides international and domestic express and logistics services to shippers in major cities in China China is a geographical area encompassing multiple territories, under two states. You may be looking for:
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