China's logistics prosperity index remains in expansion zone in June

China's logistics prosperity index edged down 0.2 percentage point month on month to 51.6 percent in June, remaining in the expansionary territory, industry data showed on Tuesday.

Among the sub-indices, the total business volume index and new order index remained in the expansion zone, according to the China Federation of Logistics and Purchasing.

By industry, the new order index of road transport, railway transport, air transport, and postal express all stayed in the expansion range.

Driven by online promotion events and demand for fresh goods, the new order index of the postal express industry exceeded 70 percent, and that of the air transport sector stood at 58.7 percent, remaining in a relatively high prosperity range.

A survey of companies showed that new orders for cold-chain flowers, seasonal fruits and vegetables, and fresh food via postal express and air logistics rebounded rapidly in June.

"From January to June, the logistics prosperity index remained in the expansion range for four consecutive months, although there were slight fluctuations. It stayed at an average of 52 percent in the first half of the year, slightly higher than in the same period last year, indicating that the logistics industry has been generally stable and improving since the beginning of this year," said Liu Yuhang, director of the China Logistics Information Center.

"In particular, new business orders in the postal express and air transport sectors grew rapidly, reflecting that logistics demands in these two areas are gradually recovering, which has also led to a slight recovery in the price of logistics services as a whole," said Liu.

In June, the logistics service price index went up 0.2 percentage point from May, with those of railway transport, road transport, water transport and postal express all rebounding.

China's logistics prosperity index remains in expansion zone in June

Russia said it had made advances near Bakhmut and damaged multiple military equipment and a workshop in the past 24 hours, while Ukraine said it had fought 90 battles with Russian forces at the front.

The Russian Ministry of Defense said on Wednesday that the Russian army had taken control of the Novy district of the Chasiv Yar settlement near Bakhmut in the Donetsk region, damaging one Ukrainian Mi-24 helicopter and a workshop of a Ukrainian company that produces tank guns and large-caliber ammunition.

The Russian Black Sea Fleet sank three unmanned boats of the Ukrainian army. The Russian air defense system intercepted three HIMARS rockets and 39 drones of the Ukrainian army.

On the same day, the General Staff of the Ukrainian Armed Forces reported that until 16:00 local time, Ukrainian forces engaged in 90 battles with Russian troops, as Russian troops continued to intensify attacks on the Donetsk region.

As reported, in Volchansk and Lyptsi, the Ukrainian forces repelled six attacks from the Russian forces. And in the direction of Pokrovsk, the Russian army launched 19 attacks on the Ukrainian defensive line in this region, while the Ukrainian army repelled 13 Russian attacks.

Russia seizes part of Ukrainian town near Bakhmut, Ukraine repels multiple Russian offensives