China's Prospect is Bright: Business Leader

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Last updated at: (Beijing Time) Tuesday, August 26, 2003

China's Prospect is Bright: Business Leader

China's prospect is bright," said David L. Cunningham, president of the Asia Pacific Division of FedEx Express in an interview with Xinhua on Tuesday.

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China's prospect is bright," said David L. Cunningham, president of the Asia Pacific Division of FedEx Express in an interview with Xinhua on Tuesday.

"FedEx's important mission is to connect global market, providing services to the customers around the world. Of course China is our important market in the world, we will develop more Chinese cities based on current 218 cities into our delivery chain," said the 46-year old business leader.

"But China is not the only market for FedEx, although it accounts 19 percent of the FedEx business in Asian-Pacific area. We do the same thing (to develop our business) in the Philippines,South Korea as well as Japan."

FedEx Express, the world's largest express transportation company, is one of the five business units of FedEx Corporation. The Asian Pacific Division of FedEx Express based in Hong Kong handles the business in more than 30 countries and areas in the Asian market.

The president of the division also said the Asia Pacific area is the fastest growing market among Fedex business in the world, and that "FedEx recognizes the chance ... and will continue providing quick, fast, reliable service 24 hours around the world to the customers."

"We have business in 215 countries, including Iraq and Afghanistan, around the globe with some 140,000 employees affording 24-hour services to our customers. And one of the important reasons (that FedEx won many awards) is we listen to our clients."

When asked about countermeasures against terrorism, Cunningham said, "FedEx takes it very very seriously," and that the company uses information system and tracking database to help it protect their customers.

The business leader came here to attend the 36th International General Meeting of the Pacific Basin Economic Council, which opened on Friday and will last for five days, drawing over 1,000 business, political and academic leaders from some 20 Pacific Basin countries and regions.

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