UPS (NYSE: UPS) today announced the launch of a new daily flight between Zhengzhou, the capital and largest city in China's Henan Province, and Incheon in South Korea. Zhengzhou's businesses will benefit from Incheon's corresponding flight connections to their key export markets in the U.S. and Europe. Direct flights from Incheon to UPS's intra-Asia hub in Shenzhen will open new opportunities for Zhengzhou businesses wanting to export within Asia. The new flight will help customers in the area cut shipping times by at least one day.
"With many manufacturing companies moving their facilities to inland China, there is an increasing need for logistics and transportation services in this fast-growing region," said Richard Loi, President of UPS China. "The UPS Zhengzhou gateway will speed access to key markets globally and it underscores UPS's commitment to strengthening our network in China and addressing our customers' needs."
Zhengzhou's importance as an economic driver in the central northern region has been accelerating in recent years, and it is emerging as the next high-tech manufacturing area in China. In addition to the electronics sector, other key industries in the area also have seen impressive growth, including the automotive, machinery and aluminium manufacturing sectors. In 2011, Zhengzhou was ranked number one in foreign trade growth in all of China and has been attracting considerable foreign direct investment.
The launch of the new UPS flight is fully supported by the local government in China. Henan Governor Guo Gengmao said: "Henan province is strategically located in the heart of Central Northern China and has seen rapid economic development over the years. The establishment of UPS' flight into and out of Zhengzhou will further facilitate the economic development of the province within China and beyond. With UPS's contribution toward an enhanced logistics network, I believe Zhengzhou will grow into a major trade hub for central northern China in the near future."
UPS will operate a Boeing 767 into and out of Zhengzhou Xinzheng International Airport five days a week. The launch of the new flight reflects UPS's continuous commitment to facilitating trade between China and the world.
"With many manufacturing companies moving their facilities to inland China, there is an increasing need for logistics and transportation services in this fast-growing region," said Richard Loi, President of UPS China. "The UPS Zhengzhou gateway will speed access to key markets globally and it underscores UPS's commitment to strengthening our network in China and addressing our customers' needs."
Zhengzhou's importance as an economic driver in the central northern region has been accelerating in recent years, and it is emerging as the next high-tech manufacturing area in China. In addition to the electronics sector, other key industries in the area also have seen impressive growth, including the automotive, machinery and aluminium manufacturing sectors. In 2011, Zhengzhou was ranked number one in foreign trade growth in all of China and has been attracting considerable foreign direct investment.
The launch of the new UPS flight is fully supported by the local government in China. Henan Governor Guo Gengmao said: "Henan province is strategically located in the heart of Central Northern China and has seen rapid economic development over the years. The establishment of UPS' flight into and out of Zhengzhou will further facilitate the economic development of the province within China and beyond. With UPS's contribution toward an enhanced logistics network, I believe Zhengzhou will grow into a major trade hub for central northern China in the near future."
UPS will operate a Boeing 767 into and out of Zhengzhou Xinzheng International Airport five days a week. The launch of the new flight reflects UPS's continuous commitment to facilitating trade between China and the world.
