The Transport and Logistics industry is a
cornerstone of Australia’s economy, ensuring freight and passenger transport
movements around a large country with a disparate population. The industry
employs more than 474,000 people and is predicted to increase by 4.5 percent
through to 2022. The Transport and Logistics industry in Australia has an
estimated annual revenue of $95.4 billion. (Source: http://www.australianindustrystandards.org.au/wp-content/uploads/2016/08/Transport-and-logistics-IRC-Skills-Forecast-V1.pdf).
China is focused on reducing the costs of
logistics and to develop modern logistics bases, Belt and Road transport nodes
and ports.