Current location:
China's logistics sector continues upward trend in Q1
Time:2024-05-21 16:34:03 Source:travelViews(143)
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)
share to:
Previous:What's next for Iran after death of its president in crash?
Next:Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
Kind tips:The above content and pictures are compiled from the Internet and are for reference only. I hope they will be helpful to you! If there is any infringement, please contact us to delete it.!
You may also like
- Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
- China releases report on global meteorological development in 2023
- Only 35 Nanjing Massacre survivors remain
- French Open: Chen/Jia fight back to win women's doubles title
- US overdose deaths dropped in 2023, the first time since 2018
- Zhang Ziyi leads starry cast in Peter Chan's 1940s Shanghai thriller
- Southgate names England squad for friendlies
- 11 missing in Guangdong rainstorm
- Elon Musk gets approval from FDA to implant his Neuralink brain chip into a second patient