Looking back 2016, the logistics industry tide surging, the reform dividend began to gradually release. Logistics sector this year, the overall increase has reached 58%, in the plate in the top. It is expected that there will be a number of policies in the brewing, is expected to be introduced in 2015, this series of documents to become a period of time to guide the development of the logistics industry programmatic documents. Reform for the transportation industry's largest dividend, will be the main driving force to promote the logistics sector, 2015 will continue to usher in the wave of logistics industry integration, will also usher in more logistics stocks IPO.

       Policy bonus to be released

       Logistics and transport demand growth slowdown led to a substantial decline in the cost of logistics costs. According to statistics, the first 10 months of this year, the logistics demand growth showed steady trend slowdown, the national community for the cost of logistics activities has been substantially narrowed. This shows that the steady decline in demand for logistics and transport growth led to a substantial decline in logistics costs, China's logistics enterprises must tap the new profit growth point.

       Logistics business as a whole operating environment in general, business model plain. In the first three quarters of 2014, the listed logistics company, the main operating income increased by more than 20%, but the net profit growth of less than 13%, and the increase in operating costs is slightly larger than the increase in operating income. This shows from another side, the logistics business as a whole business environment in general, business model plain.

       The Government to improve the importance of logistics, a number of positive frequency, is conducive to the integration of logistics formats. In June this year, the State Council executive meeting discussed and adopted the "long-term planning for the development of the logistics industry (2014-2020)". The paper on the one hand to deepen the logistics industry management system reform, the establishment of a unified open, competitive and orderly national logistics service market; the other hand, the market allocation of resources to play a decisive role, focus on upgrading the logistics enterprises scale, intensive level. The planning of the "plan" after three years, during the great changes in the logistics industry, especially this year's Jingdong and Ali listed, the delivery of logistics to a new strategic level, while opening the domestic market, foreign logistics into.

       At the same time, "along the way", free trade area expansion and other policies multilayer good stack, the logistics sector stocks also follow this wave, with the policy dance, interpretation of the magnificent charts.

       The future, the characteristics of logistics, modern logistics and business model of innovation will become the logistics enterprise innovation and development of the inevitable choice. We believe that there will be significant investment opportunities in international cross-border logistics, cold chain logistics and so on.

       Cross - border logistics opportunities

       Looking forward to 2015, to meet the theme of reform, logistics across the border usher in a new opportunity. The logistics industry will continue to meet the wave of integration, and will usher in more logistics stocks IPO.

       Cross-border electricity business logistics is mainly for the Chinese mainland market import logistics. We estimate that in 2014 can be included in the customs statistics of imports of cross-border electricity retail sales is expected to reach 60 billion yuan, 2015-2016 can be 2-3 times, estimated to reach 1500-3300 billion yuan. According to the China Electronic Commerce Research Center predicted that in 2018 the number of China's sea will reach 35 million sea, sea scale scale to 1 trillion yuan.

       "All the way" will promote the development of international logistics, and actively build services in the global trade and marketing network infrastructure project infrastructure projects is one of China's main starting point, including construction, transportation, equipment manufacturing, water conservancy and other aspects. As long as the Chinese enterprises have business orders, you need the support of multinational logistics enterprises. Therefore, the international network is a cross-border logistics industry is one of the important core competitiveness. If you then assist the high threshold of industrial cross-border industrial transport, the enterprise will be able to build a wide moat. In cross-border trade, China is the world's largest trade and trade power.

       International engineering logistics, high threshold, difficult, such projects are bound to large-scale engineering transport auxiliary Caixing. Engineering logistics, direct understanding is related to industrial logistics, transport products are mainly industrial and industrial downstream raw materials and finished products. In particular, the transport of specific products across borders must be carried out at a given time, with a wide range of special equipment and transport experience in a foreign country, so that they can undertake such projects. That is not the same as the courier market, it has a high threshold. The current engineering logistics has helped Chinese enterprises to cross the country, from cement, sand, petrochemical, to large-scale firmware such as wind power, bridges, trains, subways, rails, steel modules.

       International cross-border logistics has three investment logic: First, to grasp the rapid customs clearance resources is the key to the success of cross-border electricity business logistics; Second, the closer the value from the owner of the customer, from the market, single-handed profit High, second-hand single profit is weak; Third, limited time, in the outside can be mobilized transport resources and network stronghold is the owner of the tender unit selection of key logistics enterprises.

       In addition, the cold chain logistics investment, should be more from the logistics technology and equipment from the perspective of modernization, from the large cold chain storage to large and medium-sized cold chain transport and other aspects of the demand is great. We are optimistic about the future development of the cold chain, but the short-term outbreak is also a lack of conditions, it is recommended to focus on cold chain equipment business investment opportunities.