China's logistics sector continues upward trend in Q1
Release time：2024-05-01 01:20:35 Source：World Wander 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 articles
- Rangers finish off sweep of the Capitals, move on to the 2nd round of the NHL playoffs
- Athletes tied to Iowa gambling sting seek damages in civil lawsuit against state and investigators
- Ashley Judd, #MeToo founders react to ruling overturning Harvey Weinstein's conviction
- Owner of exploding Michigan building arrested at airport while trying to leave US, authorities say
- Gunnar Henderson becomes youngest player to hit 10 homers before May 1 as Orioles defeat Yankees 2
- Military veteran charged with attempting to make ricin to remain jailed
- At least 70 people killed by flooding in Kenya as more rain is expected through the weekend
- Sergei Bobrovsky makes 26 saves, Panthers beat Lightning 5
- Revealed: The top ten most popular dog names in 2024
- PEN America cancels World Voices Festival amid criticism of its response to Israel
- Sergei Bobrovsky makes 31 saves, Panthers beat Lightning 6
- Ashley Judd, #MeToo founders react to ruling overturning Harvey Weinstein's conviction
- Brit father, 51, is left fighting for life after freak fall while using gym on Turkish holiday
- Online retailer Shein is latest to face strict European Union digital regulations
- People share their partner's most annoying habits
- Google plans to invest $2 billion to build data center in northeast Indiana, officials say
- Baby Reindeer actress Nava Mau, who plays Richard Gadd's transgender ex
- A man accused in a Harvard bomb threat and extortion plot is sentenced to 3 years probation
- Iconic arch used as Iditarod finish line collapses in Alaska
- The first round of the NFL draft turns into a QB bonanza with a record
Random recommendation
Scientists say oneGrammys 2024: Photos from the 66th annual awardsPrime Minister Christopher Luxon corrects himself on Gaza statementThe Beatles: Sir Sam Mendes to direct four filmsNASA's historic Mars helicopter Ingenuity grounded for good after 72 flightsTrump seeks Supreme Court pause in 2020 election casePerson arrested after threat plunges Tauranga Hospital into fiveNASA's historic Mars helicopter Ingenuity grounded for good after 72 flightsNelson urgently needs revitalisation as economic performance slumpsChris Christie drops out of Republican White House race
- Copyright © 2024 Powered by China's logistics sector continues upward trend in Q1 ,World Wander news portal sitemap