Homepage |
首页 新闻动态 法律服务 数据服务 项目服务 投资环境 投资服务机构 经济开发区
Macro-Economy | Business Economy | Industrial Economy | Regional Economy

Home >News >Full article
China's logistics demand steadily recovers in H1
2020/8/7 9:51:21 Source:Xinhua

BEIJING, July 31 (Xinhua) -- Logistics demand in China has steadily recovered in the first half of the year as the country keeps COVID-19 under control, official data showed.

The total value of social logistics in the Jan.-June period fell by 0.5 percent year on year to 123.4 trillion yuan (about 17.67 trillion U.S. dollars), according to the China Federation of Logistics and Purchasing (CFLP).

The drop narrowed from the 2.2-percent decline seen in the first five months.

In the first half of the year, total logistics costs stood at 6.5 trillion yuan, down by 4 percent year on year.

The logistics performance index for June came in at 54.9 percent, up by 0.1 percentage points month-on-month, according to the CFLP.

The composite index tracks business volumes, new orders, employment, inventory turnover, and equipment utility rates in China's logistics sector. A reading above 50 percent indicates expansion, while a reading below that reflects contraction. Enditem

Print Collection Close
 Related News More>>
 Site Map | About Us | Services | Links | Statement

Ministry of Commerce of the People's Republic of China Department of Foreign Investment Administration

Operated by Investment Promotion Agency of MOFCOM

Tel:  (86-10) 64404554

Copyright by Invest in China

Fax: (86-10) 64515317

ICP Record No.: Beijing ICP 06041048-4 E-mail: service@fdi.gov.cn