Industries > Consumer Products and Services

China's logistics continues to expand

2019-06-07 23:00

Already collect

   A staff member works at the distribution center of an express company in Yinchuan, capital of northwest China's Ningxia Hui Autonomous Region, Nov. 12, 2018. (Xinhua/Wang Peng)

   BEIJING, June 7 (Xinhua) -- China's logistics activities remained expansionary in May, industrial data showed.

   The Logistics Performance Index stood at 52.8 in May, dipping 0.7 percentage points from April, according to the China Federation of Logistics and Purchasing.

   A reading above 50 indicates expansion, while below it reflects contraction.

   The sub-indices for logistics new orders and inventory turnover also edged down in May, but remained above 50.

   The sub-index for business expectation stood at 58.6, indicating stable market demand. 

Related News
Add comments

Latest comments

Latest News
News Most Viewed