Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap China's logistics sector continues upward trend in Q1 !

China's logistics sector continues upward trend in Q1

Time:2024-05-21 21:14:08 source:Worldly Window news portal
BEIJING, April 2 (Xinhua) -- China's logistics sector reported stable performance in the first quarter (Q1) of this year as accelerated industrial production drove up transport demand, an industry report showed Tuesday. The index tracking the country's logistics market stood at 51.5 percent in March, up significantly by 4.4 percentage points from a month earlier, according to the China Federation of Logistics and Purchasing. Meanwhile, the warehousing index gained by 8.1 percentage points from February to 52.6 percent in March. The logistics sector got off to a good start this year, said He Hui, chief economist of the federation. With robust activities in both upstream and downstream of the country's supply chains, the logistics sector saw improving indexes on the total business volume, new orders and the equipment utilization rate, He said, noting that enterprises expectations were generally optimistic. In a breakdown, the total business volume index went up 4.4 percentage points in March to 51.5 percent, and the new orders index rose 1.2 percentage points to 53.4 percent. The index measuring business expectations came in at 55.3 percent, staying in the high-climate zone for two straight months.  

(Editor:Liao Yifan)

Related information
  • Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
  • Qinghai affected by Gansu earthquake, mobilizes multiple personnel
  • Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
  • China steps up efforts to improve legal services for disabled people
  • NBA playoffs: Edwards leads Wolves to 98
  • China sees fluctuating decline in child respiratory cases at medical facilities
  • Chinese armed forces deploy multiple rescue forces in response to Gansu earthquake
  • Xinjiang Story: Scientists empower locals to fight desertification, boost incomes
Recommended content
  • Investigators return to Long Island home of Gilgo Beach serial killing suspect
  • News organizations urge Biden and Trump to commit to presidential debates during the 2024 campaign
  • Qinghai affected by Gansu earthquake, mobilizes multiple personnel
  • China steps up efforts to improve legal services for disabled people
  • Sale continues dominant run as Braves beat Padres 3
  • China to boost private school education with retired teachers