Walmart has plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics.
“Walmart continues to increase its long-term investment in the logistics supply chain in China to drive omnichannel business development, in order to better meet Chinese customers’ fresh goods and convenient services,” said Ryan McDaniel, senior vice president of supply chain for Walmart China, in a statement. “Demand, we continue to improve the capacity of the supply chain, in the next 10 to 20 years.”
The company also will set up or renovate more than 10 logistics centers in the country. Part of the investment will be to update and expand Walmart’s cold supply chain across parts of China. Investment also will support ongoing work in food safety and quality. Walmart has set up quality inspection and inspection personnel at the distribution center to conduct quality and compliance inspection on product quality. At the same time, quality testing la
