China's e-commerce logistics index up for 4 consecutive months

China

China's e-commerce logistics index up for 4 consecutive months

2024-07-04 10:09 Last Updated At：12:07

China's e-commerce logistics index gained for the fourth straight month in June, indicating a steady domestic demand recovery, industry data showed on Wednesday.

Last month, the index tracking e-commerce logistics activities came in at 114.8 points, up 0.9 points from May, according to the China Federation of Logistics and Purchasing (CFLP).

Breaking down the data, the total business volume index stood at 132.9 points, a month-on-month increase of 3.1 points.

In terms of regions, the total business volume indexes of regions across China were all on the rise, with the western region reporting the largest growth and the eastern region's increase exceeding the national average. Notably, the rural e-commerce logistics business volume index reached 132.1 points, 2.4 points higher than May.

"E-commerce has played a significant role in promoting consumption. So the vitality of consumption is gradually increasing, and consumer expectations are also improving," said Liu Yuhang, director of China Logistics Information Center.

From the demand side, during the mid-year online shopping promotion in June, live streaming activities became more diverse and maintained a good growth momentum.

As for the supply side, e-commerce companies intensified efforts to meet the delivery needs of merchants and consumers, by means such as increasing the application of digital technology and providing customized services.

Experts predicted that the e-commerce logistics demand may slow down in July as the blowout mid-year e-commerce sales festival came to an end. However, driven by the rapid growth of consumer demand, the e-commerce logistics market is expected to remain very active.

Stunning footage from Xinjiang shows massive avalanche engulfing valley in seconds

2024-11-23 05:00 Last Updated At：06:17

A massive avalanche occurred in northwest China's Xinjiang Uygur Autonomous Region at 18:09 on Thursday, engulfing the entire valley below in seconds.

The dramatic moment was captured by surveillance cameras in the Oytagh Glacier Park scenic area in Akto County. The video shows an enormous mass of snow cascading down from the summit of Chakragil in the Kunlun Mountains. As the avalanche unfolded, the snow accumulated rapidly, forming a towering "snow wall" tens of meters high and covering the entire valley in less than a minute.

Fortunately, the avalanche occurred in an uninhabited high-altitude area, so no injuries or casualties were reported.

The Chakragil, which is more than 6,000 meters above sea level, is constantly covered with snow. The region had recently experienced heavy snowfall, resulting in a build-up of snow thick enough to trigger the avalanche.