Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's logistics sector outperforms pre-pandemic level

August 02, 2021


Abstract : China's logistics sector has maintained its recovery momentum and shown better performance in the first half of 2021, compared with the pre-pandemic level in 2019, an industry report showed.

A logistic man works at Changsha north railway station in Changsha, central China's Hunan Province on May 22, 2021. (Xinhua/Chen Sihan)

BEIJING, Aug. 1 (Xinhua) -- China's logistics sector has maintained its recovery momentum and shown better performance in the first half of 2021, compared with the pre-pandemic level in 2019, an industry report showed.

The value of the country's social logistics reached 150.9 trillion yuan (about 23.24 trillion U.S. dollars) in the period, up 15.7 percent year on year, according to a report from the China Federation of Logistics and Purchasing.

The average growth rate of the Jan.-June period in 2020 and 2021 came in at 7.3 percent, the report noted.

The combined revenue of the logistics sector reached 5.7 trillion yuan in the first six months, a rise of 22.8 percent from a year ago, according to the report.

It is estimated that the total value of social logistics would increase by 9 percent to 10 percent throughout the year, said the report. Enditem

Scan the QR code and push it to your mobile phone

Keyword: logistics sector

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial