Investments in cold chain infrastructure, including cold storage facilities and refrigerated containers, are experiencing rapid growth in China, laying a strong foundation for the swift revival of cold chain logistics, industrial data showed.
The total investment and construction of China's cold chain logistics infrastructure in the first three months of this year surged 20 percent from the last year, according to China Federation of Logistics and Purchasing on Sunday.
Among these infrastructure, intelligent temperature control facilities and equipment have been adopted by logistics companies across the country to reduce loss of packaged agricultural products and food and ensure the safety of these products in transportation.
A train loaded with 230 tons of frozen chicken bound for Moscow, Russia, on Tuesday embarked on its maiden trip from the China-Europe Freight Train (Shenyang) Assembly Center in northeast China's Liaoning Province. To ensure the smooth transportation of the frozen meat to its destination, the assembly center applied plug-in refrigerated containers that support manual temperature control throughout the entire journey.
"Since this year, we have continued to increase investment in related equipment and facilities based on market developments and customers' transportation needs. We have also continued to launch new products for China-Europe freight train services," said Li Haiping, deputy director of operations department at the assembly center.
Meanwhile, the country has seen a significant surge in investment in cold storage warehousing. In the first quarter, the investment in national cold chain warehousing projects amounted to approximately 14.7 billion yuan (around 2.07 billion U.S. dollars), up 22.5 percent year on year. During the same period, the demand for rental cold chain warehouses in China exceeded 510,000 square meters, with a year-on-year increase of around 10 percent.
"Currently, investment is now mainly in cold storage facilities construction. Generally speaking, there is a periodic surplus, but some structural demands are still insufficient. Therefore, some of our current investments primarily focus on rectifying these structural shortcomings and enhancing the overall completeness of our cold chain infrastructure," explained Cui Zhongfu, deputy chief, China Federation of Logistics and Purchasing.