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According to data recently released by the China Federation of Logistics and Purchasing, in July, China's logistics industry sentiment index was 50.4%, down 0.2 percentage points from the previous month, but overall it remained in the expansion range. The total logistics business volume index fluctuated slightly, some industries expanded, and key areas developed rapidly. Hu Han, deputy chief economist at the China Logistics Information Center, explained that the total logistics business index has been in the expansion range for 3 consecutive months. By sector, the total business volume index for railway transportation, road transport, postal express delivery, and multimodal transport is in the expansion range. Among them, the total business volume index for the multimodal transport sector was 54%, up 0.5 percentage points from month to month.
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According to data recently released by the China Federation of Logistics and Purchasing, in July, China's logistics industry sentiment index was 50.4%, down 0.2 percentage points from the previous month, but overall it remained in the expansion range. The total logistics business volume index fluctuated slightly, some industries expanded, and key areas developed rapidly. Hu Han, deputy chief economist at the China Logistics Information Center, explained that the total logistics business index has been in the expansion range for 3 consecutive months. By sector, the total business volume index for railway transportation, road transport, postal express delivery, and multimodal transport is in the expansion range. Among them, the total business volume index for the multimodal transport sector was 54%, up 0.5 percentage points from month to month.
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