A focus on innovation is what the logistics industry needs to substantially improve performance, according to Arthur D. Little's latest report, which analyzes the results of a recent study by the management consultancy and the European Logistics Association.

European Union investment in China shrank in 2007 despite a strong growth of the 27-nation bloc's cash flow into foreign companies, official figures showed on Monday.

China's industrial economy has been developing in a healthy, fast and steady way amid structural adjustment, and the country is in the midway of industrialization