He pointed out that one key way for delivery companies to lower costs is by keeping trucks full in both directions: a vehicle bringing products from an urban center to a village can then bring agriculture produce back to the city. Wang is also the roundtable chair in China for the Council of Supply Chain Management Professionals. Without that third-party volume, an e-commerce company's logistics business will have difficulty becoming a profitable enterprise, Charles Guowen Wang, director at think tank China Development Institute, said according to a CNBC translation of his Mandarin-language remarks. Wang disclosed that since opening the network to third-party players in 2017, those clients now contribute to about 40% of the logistics department's revenue. The retailer is also looking to its delivery network as a source of income. Wang would not provide a precise breakdown of costs for reaching less densely populated lower-tier cities versus more developed areas, but noted that as order volume increases, unit costs decline. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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