Beijing, May 6: Recent figures released by the China Federation of Logistics and Purchasing reveal that China’s total social logistics revenue reached 96.4 trillion yuan in the first quarter, marking a year-on-year increase of 6.2%. This growth rate has improved by 0.5% compared to the same period last year. The logistics industry has made a strong start this year, with a relatively rapid increase in demand and a consistent strengthening of growth resilience.
Notably, the logistics of industrial goods has remained robust, with high-level manufacturing playing a leading role in this growth. In the first quarter, the logistics revenue for industrial goods rose by 5.8% year-on-year, contributing 80% to the overall increase in social logistics revenue. The demand for logistics in the manufacturing sector accounted for more than 80% of this growth.
(Source: China Media Group, Beijing)
Arpit Soni has had a passion for journalism since the beginning. Now he has turned this hobby into his profession. Arpit, who is a resident of Udaipur, enjoys editing and writing news related to journalism. He has worked as a Senior Content Producer in several important roles at Bhaskar, Patrika, Pratahkal, Punjab Kesari, and Times. Arpit completed his schooling in Udaipur and Jaipur. He has been working in the media industry for more than 10 years, and his journey is still continuing. ✍️📚
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