Press Release


TPG to conclude a Memorandum of Understanding with China State Post

Publish Date : 20 September 1999 at 14:56 CET - TPG is to conclude a Memorandum of Understanding with China State Post on cooperation in international express delivery outside China, and to study the development possibilities of the Chinese domestic market for express products. Furthermore, TPG shall be advising the Chinese postal service in the form of consultancy and providing training courses. Both parties shall sign the Memorandum of Understanding in Shanghai early next week.

TPG is pleased with these developments which will take it to a further step to establishing a leadership position in Asia.

The Chinese government is actively following a policy of liberalisation – both socially and economically. The developments should be seen in this light. TPG is one of the few logistics providers in the world with specialised knowledge of mail, express and logistics at its disposal. Through cooperation China State Post will gain access to this knowledge and experience.

Page publication date: 20 September 1999 at 14:56 CET