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Industry

China's freight volume continues to grow in October

November 23, 2020


Abstract : China's national freight volume, an indicator of economic activity, grew faster in October from a month earlier, signaling the country's steady recovery from the COVID-19 fallout.

BEIJING, Nov. 21 (Xinhua) -- China's national freight volume, an indicator of economic activity, grew faster in October from a month earlier, signaling the country's steady recovery from the COVID-19 fallout.

The country's freight volume has maintained positive growth for six consecutive months, up 7.2 percent year on year in October. This was higher than the 5.6-percent increase registered in September, according to the National Development and Reform Commission.

China's railways carried a total of 3.73 billion tonnes of goods during the first 10 months, up 3.1 percent year on year. In October, the country's railway freight volume rose 3.2 percent from a year ago to 408 million tonnes. Enditem

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Keyword: freight volume

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