FedEx continues to deliver on investments in China

According to Chan, China has been undergoing another economic transformation, from labor-intensive country to a knowledge-intensive economic market, and China's economic growth has become more quality-oriented as the country's consumption surpassed investment for the first time to become the largest contributor to the economy's growth.

Through the convergence of Internet connectivity and FedEx transportation services, consumers and businesses can access the local economy from almost any part of the world, said Chan.

FedEx is now offering both international and domestic services to customers, and vows to continue to expand their operation to reach more second-, third-, and fourth-tier cities.

"Our goal is to support our customers as they grow their business by providing a reliable air and ground network that connect seamlessly to the FedEx global network," he said. "As one of the world's largest express delivery companies, FedEx Express is committed to supporting open and efficient trade across borders, while further enhancing the service network between China and other trading partners to seek new market growth, he said.

FedEx has announced the establishment of the FedEx Shanghai International Express and Cargo Hub at Shanghai Pudong International Airport, which is one of the important facilities in the Asia-Pacific Region for FedEx.

It will provide greater access and convenience from East China to Europe and the US, it said.

The company said it would promote it as the important international gateway in China and the international air cargo transportation center in the Asia-Pacific Region.

Chan said in the future, the company will further work to address issues like tariffs, non-tariff barriers, service barriers, restrictions on investment, local content requirements and customs.

"When the customs are slow and inefficient, they serve as barriers to us and our customers," said Chan.

"Breaking down trade barriers helps our customer reach new markets, which translates into business growth, jobs, a more efficient pipeline for goods and economic growth."

FedEx has already enlarged its presence to develop China's medical logistics service market, which has been surging recently as the supply and demand for healthcare goods is increasingly more global, driven by longer life expectancy and technological advancements.