A comparative Study on development strategy of Freight Forwarding companies between China and Korea

Along with the fast development of international trade and commerce, China’s international freight forwarding industry also got an unprecedented opportunity for its rapid development. The role of freight forwarding industry in fostering china’s economic development is irreplaceable. It was recognized as the “link chain” connecting shippers and carriers. And at the same time, it is also referred to as organizers and designers of international logistics. In 2004, the state council issued a document NO. 16 "a decision about the third round of cancelling and adjusting the administrative examination and approval "，marked that the examination and approval system in freight forwarding industry has formally changed into grading system. From that moment, the freight forwarding industry in our country has been going to enter a new era and the high-flying market admittance threshold of past has been cut down flat overnight. Therefore, a large number of freight forwarding companies have been springing up as bamboo shoots grow fast as after a spring rain. Besides, in the context of fierce competition and changing international environment, many freight forwarding enterprises in china have suddenly started to realize that though survival problems has been solved, in the face of the changes in macroeconomic environment and large extrusion from large-scale freight forwarding enterprises, small and medium-sized freight forwarding enterprises how to develop themselves has become a more and more prominent problem. This paper is based on this above-mentioned topic and aims at seeking new dimensions and opportunities for promoting and stepping up the growth of China's freight forwarding enterprises. At the same time China's neighboring country- Korea’s logistics industrial development runs ahead of Chinese logistics industry development to some extent. This article will find a breakthrough for China’s freight forwarding enterprises based on Korean freight forwarding enterprises development experience in resolving some issues that CFFC are confronting.Chapter 1 Introduction 1.1 Background briefing 1.2 Research method 1.3 Research purpose 1.4 Review of Related Researches 1.5 Structure of thesis Chapter 2 International freight forwarding industry 2.1 Basic concept of international freight forwarding industry 2.2 Working processes of freight forwarding enterprises 2.3 Service object and content Chapter 3 Comparison between CFFC and KFFC 3.1 Comparison in number and geographical distribution 3.2 Comparison of development phases between CFFC and KFFC 3.3 Comparison between business strategies 3.4 Conclusion through above comprehensive comparisons 3.5 Necessity of learning from Korea Chapter 4 Current issues of CFFC and experiences of KFFC 4.1 Analyzing the present situation of CFFC by SWOT model 4.2 Solution and experience in Korea in resolving mentioned problems 4.3. Case about China-Korea “4+1” port strategic alliance Chapter 5 Implication of KFFC’s experiences to CFFC 5.1 Application of measures and experience of KFFC in China 5.2 Establishment of virtual logistics enterprise alliance Chapter 6 Conclusion Referenc

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