(Yicai Global) June 6 -- FedEx will continue to expand its air and ground networks in China, which has an important position in the US delivery giant’s strategy, and further develop the secondary and tertiary markets in the country, according to the president of FedEx China.

Apart from a focus on the secondary and tertiary markets, which are second- and third-tier cities that have more small- and mid-sized customers, FedEx will also introduce innovative technologies, and support the development of smaller companies and cross-border e-commerce businesses, The Paper reported yesterday, citing Chen Jialiang.

FedEx entered the China in 1984 and set up headquarters in Shanghai in 2004. It has launched five new air routes to Europe and North America from the mainland since last June. The courier operates over 300 international flights a week from the Chinese mainland, supporting business with major trading partners in the European Union and the United States.

Chen also said FedEx will continue to boost investment in the Chinese market, strengthen its connection with the international market, and play an active role in expanding global trade and building a flexible supply chain through its worldwide network.

The central and Shanghai governments have always provided a good business environment for foreign companies, Chen said about the impact of Shanghai’s Covid-19 outbreak on the firm’s operations. FedEx remains optimistic about China’s business environment and has full confidence in the future economic development and investment situation in Shanghai.

FedEx has rebooted operations at a number of places in Shanghai and has fully resumed its international and domestic express pick-up and delivery services for corporate and individual clients in the city since June 1, The Paper noted.

Editor: Futura Costaglione