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Logistics Development of Henan Province

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Contemporary Logistics in China

Part of the book series: Current Chinese Economic Report Series ((CCERS))

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Abstract

Henan Province is situated in the eastern Central Region of China, and at the middle and lower reaches of the Yellow River. It is one of China’s most essential bases for grain production and agricultural product processing. It is also an important modern integrated transportation hub of China. Being an important logistics province in the Central Region, Henan’s logistics industry has been developing rapidly in recent years. It has formed its own logistics pattern by developing Zhengzhou as the center with the support of surrounding logistics nodal cities.

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Notes

  1. 1.

    In this chapter, price variations have been taken into consideration when calculating the growth rate of the economic indicators such as GDP, industrial added value and total value of import and export trade; so they refer to actual growth rate unless otherwise specified.

  2. 2.

    Industrial enterprises above designated size are those industrial firms with an annual main business income over 20 million RMB.

  3. 3.

    Hedging is a transfer of risk without buying insurance policies. It may be done through various techniques but, basically, involves taking equal and opposite positions in two different markets (such as cash and futures markets). Hedging is used also in protecting one's capital against the effects of inflation through investing in high-yield financial instruments (bonds, notes, and shares), real estate, or precious metals.

References

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  • National Bureau of Statistics of Henan (2013a) Statistical bulletin of national economic and social development (2013) of Henan. National Bureau of Statistics of Henan, Henan Province, 01 Aug 2013

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  • National Bureau of Statistics of Henan (2013b) Statistical yearbook (2013) of Henan. National Bureau of Statistics of Henan, Henan Province, 28 Feb 2014

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  • People’s Government of Henan Province (2010) Development planning of modern logistics industry in Henan for 2010–2015. People’s Government of Henan Province, Henan Province, 02 Apr 2010

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  • Zhengzhou Municipal Development and Reform Commission (2013) Zhengzhou development council of service industry (2013). Zhengzhou Municipal Development and Reform Commission, 01 Aug 2013

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Correspondence to Jian-hua Xiao .

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Xiao, Jh. (2016). Logistics Development of Henan Province. In: Liu, Bl., Wang, L., Lee, Sj., Liu, J., Qin, F., Jiao, Zl. (eds) Contemporary Logistics in China. Current Chinese Economic Report Series. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-47721-2_6

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