Air cargo demand will grow by about 4.2% every year over the next 20 years, with East Asia maintaining its status as the largest market by far, according to Boeing’s 2018 World Air Cargo Forecast. Today, about 52% of all air cargo moves to and from East Asia, and by 2037, that will grow to 60%.This means that of the incremental traffic that we see in the next 20 years, about 70% of the growth is coming from the East Asia market. In addition, with global trade recovery, cross-border e-commerce, particularly that in China, is experiencing a significant growth. Statistics from the Chinese Customs showed that the import and export value of the retail goods went through the Customs Cross-border E-commerce Management Platform in 2017 reached 90.24 billion yuan (US$14.1billion), an increase of 80.6% over a year before. The fast-growing Cross-border E-commerce boom has enabled global air logistics companies to reap fruits and realize transition.
Meanwhile, an agreement on the development of the Greater Bay Area was signed on 1 July 2017 by Chinese government. The Greater Bay Area is the Chinese government’s grand plan to integrate Hong Kong, Macau and nine southern mainland cities (Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing) into one world-class bay area – the largest the world has seen – in order to become a leading hub for innovation and economic growth. As for the Air Cargo sector, Hong Kong Airport Ranks World's No.1 cargo airport In 2017, Guangzhou Airport as the world's No.18 Cargo Airport and Shenzhen Airport as the world's No.24 Cargo Airport. On November 5, 2018, The Civil Aviation Administration of China (CAAC) and Guangdong Provincial Government signed a strategic agreement to accelerate construction of a group of world-class airports in Guangdong- Hong Kong-Macao Greater Bay Area. The Greater Bay Area Plan definitely means greater opportunities for air logistics industry players.
Therefore, after the great success of past three air logistics events since 2015, the 4th China Air Logistics Development Conference and Exhibition 2019 will be held in Guangzhou, China during 28-29, March, 2019 with the theme “Greater Bay Area (Guangdong-Hong Kong-Macau), Greater Opportunities”. The event aims to be a leading communication and networking platform for both international and domestic air logistics industry players and is expecting 30 famous speakers, 20 Exhibitors/Sponsors and over 200 C-level delegates. The two-day event will present recent trends in the delivery of air cargo services and the regulatory framework to be implemented for the sustainable development of air cargo. An outlook of the challenges preventing the air cargo industry from reaching its potential will be provided in relation to specific areas, such as the construction of Greater Bay Area, Cross-border E-commerce, Free Trade Port Construction, liberalization of air cargo services, the development of an air cargo security system, the enhancement of air cargo facilitation and the air cargo hub and its value chain.