China’s total logistics expense reached Rmb13.3 trillion in 2018, making it the world’s largest logistics market. As the flow between the point of production and the point of consumption, logistics plays a tremendous role in China’s economic development. In light of rising e commerce, new retail and advanced manufacturing sectors, along with the participation of new technology, new ideas and new capital, the traditional business model of low efficiency and sloppy management has undergone a huge transformation. Subsectors such as express & freight, warehousing & storage and intelligent informatisation have also evolved and experienced rapid integration. Between 2016 and H1/19 , there were 329 M&As related to China, with deal value totaling Rmb465.2 billion. In the current environment of consumption industrial upgrading, the logistics industry is seeking to lower cost and improve efficiency.