China Cold Chain Logistics Industry Report, 2011-2012

【Abstract】：

Following the release of the Development Plan for Cold Chain Logistics of Agricultural Products in 2010, Chinese provinces and municipalities have successively introduced their respective Five-Year (2011-2015) plans for cold chain logistics. For example, Beijing plans to increase the cold chain circulation rates of fruits & vegetables, aquatic products, and meat products from the current 10%, 30% and 50% to 20%, 45% and 70% respectively during 2011-2015. Chongqing plans to enhance the cold chain circulation rates of fruits & vegetables, meat products and aquatic products to 20%, 30% and 37% or above, increase the refrigerated transport rates of such products to about 46%, 52% and 65%, and lower the circulation decay & loss rates of such products to 15%, 8.5%, 10% or less by the end of 2015.

As of the end of 2010, China's total cold storage capacity reached 62 million m3. Although there have been many new cold storages built up in China since 2010, the total capacity is similar to the 2009 level, because of factors such as statistical conversion and removal of old storages. Currently, from the perspective of investment structure, among the existing cold storages in China, 21.3% of which are state-owned or state-controlled, 70.5% of which are private-owned or private-controlled, and only 7.8% of which are controlled by foreign capital or foreign side of joint ventures.

In 2010, the top three enterprises by cold storage capacity were Henan Zhongpin Fresh Food Logistics Co., Ltd. (770,000 m3), Wuhan Wandun Cold Storage Logistics Co., Ltd. (760,000 m3) and Shandong Gaishi Agricultural Trade Co., Ltd. (750,000 m3).

In 2010, the annual output of refrigerated vehicle was 5,585 in China, up 55.1% over the same period in 2009. At present, there are more than 50,000 refrigerated and insulated truck in China, but their proportion in the total number of freight vehicles is still small, which has been around 0.3% in recent years, significantly lower than the level in developed countries.

In 2010, top three enterprises by output of refrigerated vehicle were Beiqi Foton Motor Co., Ltd., Zhenjiang Speed Automobile Group Co., Ltd. and China International Marine Containers (Group) Ltd. (CIMC).

In addition to a research on the refrigerated vehicle and cold storage enterprises closely related to the cold chain logistics industry, this report makes an in-depth analysis of the operation, development strategy and cold chain logistics plan of cold chain logistics operators.

Shanghai Jin Jiang International Industrial Investment Co., Ltd.: In the first half of 2011, its low-temperature logistics business achieved operating revenue of RMB 47.27 million, up 21.77% year on year. Currently, the company has low-temperature storages in Wujing and Wusong, with total capacity of 85,000 tons, accounting for about 20% of the total low-temperature storage capacity in Shanghai. According to the company’s development plan for 2011-2015, it plans to acquire stake in Shanghai Xintiantian Dazhong Cold Logistics Co., Ltd. to enhance its distribution function.

China Railway Tielong Container Logistics Co., Ltd.: In the first three quarters of 2011, it achieved operating revenue of RMB 2.145 billion, up 29.75% year on year; Currently, the 2,500 special containers newly built in 2011 have basically been put into operation, making the company’s ownership of special container reach 29,000 units so far. Moreover, the company’s container building plan for 2011-2013 includes an addition of 400 refrigerated containers, and it plans to develop the refrigerated container business relying on large clients, which currently include Yili, Mengniu, Sanquan and Wanchai Ferry.

Shanghai Haibo Co., Ltd.: In the first half of 2011, the company's transportation business achieved operating revenue of RMB 456.78 million, up 9.3% year on year. In addition to replacing existing four old cold storages since 2010, the company plans to buy land to build standard cold storage in Qingpu, aiming to expand the cold chain distribution business based on cold storage.

【Table of Contents】 

1. Introduction to Cold Chain Logistics Industry in China
1.1 Definition
1.2 Features

2. Development of Cold Chain Logistics Industry in China
2.1 Policy Environment
2.2 Development Overview
2.3 Third-party Cold Chain Logistics
2.3.1 Enterprises
2.3.2 Features
2.3.3 Policy Support
2.4 Development of Foreign-funded Enterprises in China
2.5 Issues

3. Development of Cold Chain Logistics in China by Region
3.1 Beijing
3.2 Shanghai
3.3 Guangdong
3.4 Chongqing
3.5 Henan
3.6 Jiangsu
3.7 Zhejiang
3.8 Shandong
3.9 Tianjin
3.10 Other Regions

4. Demand for Cold Cain Logistics in China
4.1 Meat Products
4.1.1 Industry Status Quo
4.1.2 Features of Cold Chain Logistics
4.1.3 Demand for Cold Chain Logistics
4.2 Aquatic Products
4.2.1 Industry Status Quo
4.2.2 Features of Cold Chain Logistics
4. 2.3 Demand for Cold Chain Logistics
4.3 Quick-frozen Flour Food
4.3.1 Industry Status Quo
4.3.2 Features of Cold Chain Logistics
4.3.3 Demand for Cold Chain Logistics
4.4 Fruits & Vegetables
4.4.1 Industry Status Quo
4.4.2 Features of Cold Chain Logistics
4.4.3 Demand for Cold Chain Logistics
4.5 Dairy Products
4.5.1 Industry Status Quo
4.5.2 Features of Cold Chain Logistics
4.5.3 Demand for Cold Chain Logistics
4.6 Pharmaceuticals
4.6.1 Features of Cold Chain Logistics
4.6.2 Demand for Cold Chain Logistics
5. Development of Cold Storage in China
5.1 Overview
5.2 Cold Storage Capacity of Chinese Low-Temperature Storage Industry
5.3 Development of Chinese Low-temperature Storage Industry in 2010
5.3.1 Investment in Cold Storage
5.3.2 Operating Characteristics
5.4 Cold Storage Equipment Manufacturers
5.4.1 Dalian Refrigeration Co., Ltd.
5.4.2 Yantai Moon Co., Ltd.
5.5 Cold Storage Operators
5.5.1 Henan Zhongpin Fresh Food Logistics Co., Ltd.
5.5.2 Wuhan Wandun Cold Storage Logistics Co., Ltd.
5.5.3 Shandong Gaishi Agricultural Trade Co., Ltd.
5.5.4 Shanghai Jin Jiang International Low Temperature Logistics Development
Co., Ltd.
5.5.5 Shenyang Nonstaple Food Group
5.5.6 Hunan Red Star Frozen Food Co., Ltd. (Red Star Cold Chain)
5.5.7 Tianjin Xinhuiyang International Logistics Co., Ltd.
5.5.8 Cold Storage Plant of Liaoning Dalian Ocean Fishery Group
5.5.9 Hangzhou United Meat Cold Storage Co., Ltd.
5.5.10 Shandong Taihua Food Co., Ltd.
5.5.11 Other Enterprises

6. Development of Refrigerated Vehicle Industry in China
6.1 Highway Refrigerated Vehicle
6.1.1 Classification
6.1.2 Current Situation
6.2 Railway Refrigerated Vehicle
6.2.1 Classification
6.2.2 Current Situation
6.3 Key Enterprises
6.3.1 BeiQi Foton Motor Co., Ltd.
6.3.2 Zhenjiang Speed Automobile Group Co., Ltd.
6.3.3 Zhengzhou Hongyu Special Vehicle Co., Ltd.
6.3.4 China International Marine Containers (Group) Co., Ltd. (CIMC)
6.3.5 Henan Bingxiong Refrigerated Truck Co., Ltd.
6.3.6 Henan Xinfei Special Purpose Vehicle Co., Ltd.
6.3.7 Zhenjiang Kangfei Machine Building Co., Ltd.
6.3.8 JMC Special-purpose Vehicle Plant
6.3.9 Jianghuai Automobile Co., Ltd. (JAC)
6.3.10 Dongfeng Automobile Co., Ltd.

7. Cold Chain Logistics Companies in China
7.1 Shanghai HaiBo Co., Ltd
7.1.1 Profile
7.1.2 Operation
7.1.3 Development of Cold Chain Logistics
7.2 Jinjiang International Industrial Investment Co., Ltd
7.2.1 Profile
7.2.2 Operation
7.2.3 Development of Cold Chain Logistics
7.3 China Railway Tielong Container Logistics Co., Ltd
7.3.1 Profile
7.3.2 Operation
7.3.3 Development of Cold Chain Logistics
7.4 Shandong Rongqing Group
7.4.1 Profile
7.4.2 Investment Trend
7.4.3 Development of Cold Chain Logistics
7.5 Sinotrans
7.6 Chengdu Silver Plow Low-temperature Logistics Co., Ltd.
7.7 Shanghai Xintiantian Dazhong Cold Logistics Co., Ltd.
7.8 Shanghai Jiao Rong Cold Chain Logistics Co., Ltd
7.9 Guangdong Swire Cold Chain Logistics Co., Ltd
7.10 Guangzhou Baier Cold-Chain Polyurethane Technology Co., Ltd
7.11 Beijing Sinosun Logistics Co., Ltd
7.12 Beijing Er Shang Group

【Figures & Tables】

Cold Chain Logistics
Distribution of Cold Storages in Guangdong, Mar 2010
Cold Chain Logistics in Zhengzhou
Output of Meat Products in China, 2005-2010
Output and Proportion of Pork, Beef and Mutton in China, 2005-2010
Output of Aquatic Products in China, 2005-2011
Output of Marine Products and Freshwater Products in China, 2005-2010
Cold Chain Logistics Process of Frozen Aquatic Products
China’s Output of Quick-frozen Flour Food, 2006-2011
Cold Chain Logistics Process of Quick-frozen Flour Food
Cold Chain Circulation Volume of Quick-frozen Flour Food in China, 2009-2012E
Area and Output of Orchards in China, 2001-2010
Cold Chain Logistics Process of Fruits and Vegetables
Output of Liquid Milk in China, 2005-2011
Output of Dairy Products in China, 2005-2011
Output of Frozen Drinks in China, 2005-2011
Circulation Features of Dairy Products by Type
Cold Chain Logistics Process of Dairy Industry
Sales and Growth Rate of Biological and Biochemical Product Manufacturing
Industry in China, 2009-H1 2011
Inventory and Growth Rate of Biological and Biochemical Product Manufacturing
Industry in China, 2010-H1 2011
Market Scale of Human Vaccines and Animal Vaccines in China, 2007-2010
Market Shares of Blood Products (by Product) in China, H1 2011
Total Capacity of Cold Storage in China, 2008-2010
Structure of Investment in Cold Storage in China
Cold Chain Circulation Rate and Refrigerated Transport Rate of Some Commodities
in China
Number of Railway Refrigerated Vehicles in China, 1985-2012E
Proportion of Railway Refrigerator Vehicles in Railway Freight Vehicles in
China, 1985-2009
Long-term Partners of Shandong Rongqing Group
Major Partners of Sinosun Logistics

Food Suitable for Cold Chain and Optimum Temperature
Major Incentive Policies for Cold Chain Logistics Industry in China
Comparison between Domestic and Overseas Cold Chain Logistics Development
Policies for Third-party Logistics and Third-party Cold Chain Logistics in China
Major Star-rated Storages in Beijing, by Jun. 2011
Major Star-rated Storages in Shanghai, by Jun. 2011
Companies with Cold Storage Capacity of 10000 Tons or Above in Guangzhou, by
2010
Companies with Cold Storage Capacity of 10000 Tons or Above in Shenzhen, by 2010
Major Star-rated Storages in Guangdong Province, by Jun. 2011
Major Star-rated Storages in Chongqing, by Jun. 2011
Major Star-rated Storages in Henan Province, by Jun. 2011
Major Star-rated Storages in Jiangsu Province, by Jun. 2011
Major Star-rated Storages in Zhejiang Province, by Jun. 2011
Major Star-rated Storages in Shandong Province, by Jun. 2011
Major Star-rated Storages in Tianjin, by Jun. 2011
Output of Fresh & Refrigerated Meat in China (by Province/Municipality),
Jan.-Aug. 2011
Cold Chain Circulation and Transport Volume of Meat Products in China,
2011-2015E
Cold Chain Circulation and Transport Volume of Aquatic Products in China,
2011-2015E
Output of Quick-frozen Flour Food in China (by Province/Municipality), Jan.-Aug.
2011
Cold Chain Transport Volume of Fruits and Vegetables in China, 2011-2015E
Output of Dairy Products in China (by Province/Municipality), Jan.-Sep. 2011
Output of Frozen Drinks in China (by Province/Municipality), Jan.-Sep. 2011
Main Economic Indicators of Biological and Biochemical Product Manufacturing
Industry in China, H1 2011
Cold Storage Classification
Development Plan of Cold Chain Logistics in China (by Region), 2010
Newly Constructed Large Cold Storages, 2010
Large Cold Storages to be Constructed, 2011
Operating Revenue and Net Income of Dalian Refrigeration Co., Ltd, 2005-Q3 2011
Revenue Structure of Dalian Refrigeration Co., Ltd by Region, H1 2011
Operating Revenue and Net Income of Yantai Moon, 2005-Q3 2011
Revenue Structure of Yantai Moon by Region, H1 2011
Top 10 Cold Storage Operators in China, 2010
Total Revenue of Henan Zhongpin Fresh Food Logistics, 2008-2010
Primary Businesses of Wuhan Wandun
Operating Indices of Shanghai Jin Jiang International Low Temperature Logistics
Development Co., Ltd., 2009
Operating Indices of Hunan Red Star Frozen Food Co., Ltd., 2008
Major Operating Indices of Shandong Taihua Food Co., Ltd., 2007-2008
Cold Storage Capacity of Other Cold Storage Operators in China, 2010
Proportion of Refrigerated Vehicles in Freight Vehicles
Output of Refrigerated Vehicle and Heat Preservation Vehicle in China, 2008-2010
Output of Major Refrigerated Vehicle Manufacturers in China, 2010
Top 10 Refrigerated Vehicle Manufacturers in China by Output, 2010
Assets, Liabilities and Profits of BeiQi Foton Motor, 2007-2011
Refrigerated Vehicle Chassis Brands of BeiQi Foton Motor, Dec. 2010
Refrigerated Vehicle Types of BeiQi Foton Motor, Dec. 2010
Operating Indices of Zhenjiang Speed Automobile Group Co., Ltd., 2004-2008
Refrigerated Vehicle Chassis Brands of Zhenjiang Speed, Dec. 2010
Refrigerated Vehicle Types of Zhenjiang Speed, Dec. 2010
Operating Indices of Zhengzhou Hongyu Special Vehicle Co., Ltd., 2005-2009
Refrigerated Vehicle Chassis Brands of Zhengzhou Hongyu Special Vehicle Co.,
Ltd., Dec. 2010
Refrigerated Vehicle Types of Zhengzhou Hongyu Special Vehicle Co., Ltd., Dec.
2010
Refrigerated Vehicle Chassis Brands of CIMC, Dec. 2010
Refrigerated Vehicle Types of CIMC, Dec. 2010
Refrigerated Vehicle Chassis Brands of Henan Bingxiong Refrigerated Truck Co.,
Ltd, Dec. 2010
Refrigerated Vehicle Types of Henan Bingxiong Refrigerated Truck Co., Ltd, Dec.
2010
Refrigerated Vehicle Chassis Brands of Henan Xinfei Special Vehicle Co., Ltd.,
Dec. 2010
Refrigerated Vehicle Types of Henan Xinfei Special Vehicle Co., Ltd., Dec. 2010
Operating Indices of Zhenjiang Kangfei Machine Building Co., Ltd, 2005-2009
Refrigerated Vehicle Chassis Brands of Zhenjiang Kangfei Machine Building Co.,
Ltd, Dec. 2010
Refrigerated Vehicle Types of Zhenjiang Kangfei Machine Building Co., Ltd, Dec.
2010
Refrigerated Vehicle Chassis Brands of JMC Special-purpose Vehicle Plant, Dec.
2010
Assets, Liabilities and Profits of Jianghuai Automobile Co., Ltd., 2007-2011
Refrigerated Vehicle Types of Jianghuai Automobile Co., Ltd., Dec. 2010
Assets, Liabilities and Profits of Dongfeng Automobile Co., Ltd., 2007-2011
Refrigerated Vehicle Chassis Brands of Dongfeng Automobile Co., Ltd., Dec. 2010
Refrigerated Vehicle Types of Dongfeng Automobile Co., Ltd., Dec. 2010
Assets, Revenue and Net Income of Shanghai HaiBo Co., Ltd, 2005-2011
Revenue structure of Shanghai HaiBo Co., Ltd (by Industry and Product), H1 2011
Operating Revenue and Growth of Shanghai Haibo Co., Ltd. by Market, H1 2011
Operation and Performance of Main Subsidiaries of Shanghai HaiBo Co., Ltd, 2010
Assets, Revenue and Net Income of Jinjiang International Industrial Investment,
2007-2011
Operating Revenue of Jinjiang International Industrial Investment by Sector, H1
2011
Operating Revenue and Cost of Low Temperature Logistics Business of Jinjiang
International Industrial Investment, 2007-2011
Assets, Revenue and Profit of China Railway Tielong Container Logistics Co.,
Ltd., 2007-2011
Operating Revenue of China Railway Tielong Container Logistics Co., Ltd. by
Sector, H1 2011
Special Container Business Types of China Railway Tielong Container Logistics
Co., Ltd
Special Container Building Plan of China Railway Tielong Container Logistics,
2011-2013
Operating Indices of Guangzhou Baier Cold-Chain Polyurethane Technology Co.,
Ltd, 2008-2009