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​Logistics equipment manufacturers seek to expand overseas markets

chinadaily.com.cn | Updated: Jul 5, 2023

A delegation of logistics equipment manufacturers from Huzhou's Wuxing district recently participated in the Transport Logistic Munich 2023 to explore business opportunities overseas.

One of the participating companies was Zhejiang Jingxing Logistics Equipment Co Ltd, which had high expectations for the exhibition. The company carefully prepared its flagship products, such as multi-layer shuttle racks and intelligent logistics equipment, in order to showcase its capabilities.

A representative from the company commended the expo and expressed hopes of attending more such exhibitions. "This government-led trip to Europe provides us with an opportunity to expand into the European market, in addition to the foothold we have already established in Southeast Asia. We look forward to more opportunities to participate in similar exhibitions," he said.

On the first day of the exhibition, the company secured intended transactions valued at 2.26 million yuan ($312,176).

The modern logistics equipment industry has achieved remarkable development in Wuxing, which is home to the only high-tech industrial park that focuses on logistics equipment in Zhejiang.

The district has placed significant emphasis on developing a complete industrial chain for logistics equipment, covering aspects such as loading and unloading, handling, automated warehousing, transportation, sorting, and intelligent identification.