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.