China Post and Lufthansa Cargo in strategic cooperation

Lufthansa Cargo and China Post Group Corp have inked a strategic cooperation that has the cargo capacity scope of a weekly Boeing 777 freighter on the Shanghai (PVG) – Frankfurt (FRA) route.
Li Xiong, vice president of the official postal service of the People’s Republic of China, and Peter Gerber, chief executive and chairman of the executive board of Lufthansa Cargo, met in Beijing and reached agreement on "deepening cooperation". 
Lufthansa said that the initial agreement is considered "the foundation of a strategic cooperation". 
Li Xiong said: "In recent years, the cooperation between China Post and Lufthansa Cargo has enjoyed a constant growth. The e-commerce business is in a vigorous development. Both China Post and Lufthansa Cargo are now upgrading and innovating the business model.
"Under the concept of the ‘Joint Freight Operation’, the two sides have reached a further consensus on capacity agreement this time. We will jointly build a more stabilised and comprehensive channel of air mail transportation connecting China and Europe.”
Gerber said: "We are very pleased that the excellent collaboration with China Post, which has been going on for many years, is now even gaining new quality within the framework of a strategic cooperation.
"It also reflects the growing importance of the cross border e-commerce market. Together, we will be able to achieve even more for our joint customers on one of the world’s most important trade lanes.”
The two partners emphasised that further close cooperation with the aim of expanding to further agreements is being sought.
Added the Lufthansa spokesperson: "Both companies have been working together excellently for a long time also on other major Chinese stations, with focus on Beijing and Guangzhou. In addition to the capacity agreement, both companies are jointly working on shortening transportation times, improving quality and further developing digitalisation."

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