The China Federation of Logistics and Purchasing today released logistics operation data for January-August of this year. Data shows that from January to August of this year, China's logistics operations maintained a steady and progressive development trend, the scale of the logistics market expanded steadily, and the capacity and quality of international logistics channels expanded. From January to August of this year, the country's total social logistics volume was 243.6 trillion yuan, an increase of 4.9% over the previous year. The steady growth in total social logistics is progressing simultaneously with structural optimization, and the resilience of the industrial chain supply chain has been further highlighted. Specifically, the basic logistics market for industrial products was stable. From January to August, the total logistics volume for industrial products increased by 5.3% year-on-year, and demand for upgraded industrial manufacturing logistics accelerated. In August, the value added of high-tech manufacturing and digital product manufacturing increased by 16.7% and 15.7% respectively, contributing more than 60% to regulated industrial growth, and industrial robot production by 34.6%, jointly driving new logistics demand.

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