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China's fledgling cold chain logistics market is expected to reach 470 billion yuan (.5 billion) by 2020, with a compound annual growth rate surpassing 20 percent, according to the China Federation of Logistics and Purchasing.
China's labor is becoming expensive too, and more skilled. So, China needs to move away from setting up industries that basically service imports from East Asia. Instead, China should set up industries that are indigenous and can use innovation to produce new products. The country is already doing this quite well. China has beaten the US in 5G, and leads in artificial intelligence.

China's economy expanded 6.8 percent year-on-year in the first half of 2018, well above the government's annual growth target of around 6.5 percent.
China's financial markets regulators have been improving the supervision and punishment of financial irregularities this year to protect against systemic financial crisis, a key task outlined by the country's top leadership.
China's official purchasing managers index (PMI) for the manufacturing sector edged down in April, pointing to a continued but slower pickup in economic activity.
来源:资阳报