According to data released by relevant institutions, China’s cold chain logistics market reached RMB 303.5 billion (USD 43 billion) in 2018. With the upgrading of consumption and the development of new-generation technology, the cold-chain market is expected to enjoy further growth focusing on the cold storage segment.
At present, China ranks third in the world in total cold storage capacity, close to the level of the United States. However, the per capita cold storage capacity is still low, only one-fifth of that of the United States. There is still a lot of room for improvement in the future.
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JARN (print version), August 25, 2019