New Nanjing office joins three current wholly foreign owned enterprises and six branch offices in PRCM
Shanghai, China — May 22, 2006 — Supply chain solution provider BAX Global has opened a new office in China to meet growing demand in the country, establishing a presence in Nanjing that will expand the company's countrywide network.
BAX's network now consists of four wholly foreign owned enterprises (WFOE), six branch offices, nine representative offices and one joint venture. The company has been established in China since the early 1990s and was one of the first international forwarders to open a representative office in Beijing.
The company established its first WFOEs in China under the Closer Economic Partnership Arrangement (CEPA) in Guangzhou in April 2004 and Shanghai in December of that year. BAX had previously established WFOEs in Xiamen, Shenzhen and Shanghai Wai Gao Qiao in accordance with China's Free Trade Zone arrangements.
Since then, BAX has pursued expansion of its license scope to include such activities as brokerage and road transport.
The new office will offer the BAXSuite integrated logistics services, including international and domestic air freight, ocean freight, exhibition support services, ground transportation consulting services and supply chain management solutions.
"The establishment of this new branch office reaffirms BAX Global's long-term commitment to the People's Republic of China and its endeavor to continue to invest in supporting future developments in the logistics landscape of this emerging market," said Andrew Jillings, BAX Global's vice president for North East Asia.
Leon Zhu, IT manager of BAX Global China, said, "The next five years for China, a country with the most dynamic and vibrant economic market in the world, promise to be an exciting time for logistics companies [that] are able to leverage the opportunities, even though the road ahead may be filled with changing business landscapes and new economic challenges.
Additional Articles of Interest
— Look before you leap: For tips to follow before you set up shop in China, especially with regard to the supply chain, read the SDCExec.com exclusive "Entering China: No One Said It Was Easy."
— All that glitters may not be gold when it comes to outsourcing manufacturing productions to China. First, weigh the costs and learn the facts with this helpful guide. Read "China or Bust: Recognizing the True Costs of Outsourcing" on SDCExec.com.
Shanghai, China — May 22, 2006 — Supply chain solution provider BAX Global has opened a new office in China to meet growing demand in the country, establishing a presence in Nanjing that will expand the company's countrywide network.
BAX's network now consists of four wholly foreign owned enterprises (WFOE), six branch offices, nine representative offices and one joint venture. The company has been established in China since the early 1990s and was one of the first international forwarders to open a representative office in Beijing.
The company established its first WFOEs in China under the Closer Economic Partnership Arrangement (CEPA) in Guangzhou in April 2004 and Shanghai in December of that year. BAX had previously established WFOEs in Xiamen, Shenzhen and Shanghai Wai Gao Qiao in accordance with China's Free Trade Zone arrangements.
Since then, BAX has pursued expansion of its license scope to include such activities as brokerage and road transport.
The new office will offer the BAXSuite integrated logistics services, including international and domestic air freight, ocean freight, exhibition support services, ground transportation consulting services and supply chain management solutions.
"The establishment of this new branch office reaffirms BAX Global's long-term commitment to the People's Republic of China and its endeavor to continue to invest in supporting future developments in the logistics landscape of this emerging market," said Andrew Jillings, BAX Global's vice president for North East Asia.
Leon Zhu, IT manager of BAX Global China, said, "The next five years for China, a country with the most dynamic and vibrant economic market in the world, promise to be an exciting time for logistics companies [that] are able to leverage the opportunities, even though the road ahead may be filled with changing business landscapes and new economic challenges.
Additional Articles of Interest
— Look before you leap: For tips to follow before you set up shop in China, especially with regard to the supply chain, read the SDCExec.com exclusive "Entering China: No One Said It Was Easy."
— All that glitters may not be gold when it comes to outsourcing manufacturing productions to China. First, weigh the costs and learn the facts with this helpful guide. Read "China or Bust: Recognizing the True Costs of Outsourcing" on SDCExec.com.
- More articles about BAX Global.
