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Industry

China's logistics sector reports steady growth in Jan.-Feb.

March 29, 2021


Abstract : China's logistics sector reported steady growth in the first two months of this year, an industry report showed.

A staff of Shijiazhuang distribution center of Cainiao Network, the logistics platform of e-commerce giant Alibaba, disinfects packages in Shijiazhuang, north China's Hebei Province, Jan. 23, 2021. (Xinhua/Mu Yu)

BEIJING, March 27 (Xinhua) -- China's logistics sector reported steady growth in the first two months of this year, an industry report showed.

Social logistics rose 32.4 percent year on year in the January to February period to 44.7 trillion yuan (about 6.84 trillion U.S. dollars), according to the report released by the China Federation of Logistics and Purchasing.

The rapid growth can be attributed to a low base last year owing to the impact of the COVID-19 epidemic, the report noted.

The total revenue of the logistics industry rose 44.9 percent year on year to 1.4 trillion yuan during the period. 

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Keyword: logistics

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