Ningxia logistics value up 47.9pc to US$17 billion in first half

NINGXIA, an autonomous region in northern China, announced a 47.9 per cent growth in provincial logistics business, amounting to CNY115.8 billion (US$17.05 billion), in the first half of the year.

It is forecast by Ningxia government that the service industry will have an average year-on-year increase of 11 per cent in a row from now to 2015. In 2020, the service industry will have a faster growth than manufacturing industry and account for 45 per cent of GDP of Ningxia.
(Source:www.schednet.com)