OUTLOOK & STRATEGY
Logistics Project Implementation Steps
1. Domestic logistics hub establishment, including three steps:
（1）2016-2017: we will establish Yangtze River Delta and Beibu Gulf logistics hub;
（2）2017-2019: Shandong Peninsula and northwest logistics hub;
（3）2019-2021: Northwest and Pearl River Delta logistics hub；
2. The establishment of overseas logistics networks takes four steps:：
（1）2015-2019:establish the logistics network that connecting ASEAN region.
The Group plans to establish ASEAN 10+3 overseas logistics network from this year. Based on more than 200 airports that we have built, we plan to open bilateral trading channel between China and ASEAN countries to build all-covered aviation logistics network in ASEAN countries.
（2）2017-2014: to satisfy international logistics business development needs, we plan to establish logistics network in Ukraine and East European countries.
From now on, we are planning logistics parks in Ukraine to connect West Europe. Ukraine will be established into a cargo communication center, goods and materials collecting and distributing center and trading center; besides, Ukraine will be established into the largest free trade economic zone and commercial trading zone in eastern and western Europe. By doing this, Ukraine economy will be greatly promoted.
（3）2019-2022: establish regional logistics network between China and relatively developed countries in Africa.
The Group is planning to initiate logistics network construction in African countries at the end of 2018, at the same time, we will establish domestic logistics hub to conduct bilateral trade with African countries. We are planning to establish all-covered aviation logistics between the Group and African countries.
（4）In 2019, we will establish Dubai international aviation logistics hub.
Based on Dubai, our business will spread to middle east and surrounding regions and link Europe and America, building Dubai into a ever-lasting global logistics city.