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Logistics growth indicates quickened retail recovery

China

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China

Logistics growth indicates quickened retail recovery

2024-08-29 11:50 Last Updated At:14:07

Statistics of China's logistics in January to July shows a quickened recovery of offline retail.

In the first seven months of the year, the total amount of organizational and residential goods logistics increased by 8.6 percent year on year. Online retail sales of physical goods accounted for 25.6 percent of total retail sales of consumer goods, up 0.3 percentage points from the January-June period, according to statistics released by the China Federation of Logistics and Purchasing on Thursday.

Chen Jinliang, vice president of the Business School in Central University of Finance and Economics, said the developing logistics also supports the growing online retail industry.

"The fast growth of logistics is one of the factors bolstering the fast development of e-commerce, especially the widespread adoption of some emerging technologies in logistics sector." he said.

The total amount of retail business logistics grew by 2.7 percent year on year in July, 1.2 percentage points higher than that in the previous month, with logistics demands for sports and leisure goods and communications equipment growing higher from the previous month.

Logistics growth indicates quickened retail recovery

Logistics growth indicates quickened retail recovery

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Chinese envoy urges US to desist from creating antagonism

2024-09-14 14:59 Last Updated At:15:07

A Chinese envoy urged the United States on Friday to desist from undermining international solidarity, creating division and antagonism, and provoking bloc confrontations on the Ukraine crisis.

"In the ongoing Ukraine crisis, there has been a steady influx of large quantities of weapons and ammunition into the battlefield," which will only lead to escalated situation and the loss of more civilian lives, Geng Shuang, China's deputy permanent representative to the United Nations, said at the UN Security Council briefing on arms supply to Ukraine.

High Representative for Disarmament Affairs Izumi Nakamitsu said at the meeting that any transfer of weapons and ammunition must comply with the applicable international legal framework and Security Council's resolutions. She called on all parties to act in accordance with international humanitarian law, protect civilians and civilian facilities, and resolve the current conflict through political means at an early date.

In the discussion that followed, Vasily Nebenzya, Russian permanent representative to the UN, said that using long-range missiles supplied by Western countries to strike Russia will result in severe consequences. He reiterated that Russia is open to negotiations with Ukraine, while the Western nations are unwilling to engage in dialog.

In response to remarks by the U.S. representative, Geng emphasized that "China did not create the Ukraine crisis, much less are we a party to the conflict."

China has not supplied weapons to either party, and has consistent and rigorous controls over dual-use items, said Geng, adding China maintains normal trade and economic cooperation with all countries around the world, including Russia and Ukraine.

He called on the parties to the conflict to demonstrate their political will, meet each other halfway, put an early end to the hostilities, and relaunch peace talks. He also called on the international community to pave the way to this end by providing tangible assistance and facilitation, and urged all parties concerned to put peace and humanity first and re-channel their resources and energy to ending hostilities through diplomacy.

Underscoring that China's position on the Ukraine issue "is objective and impartial," the ambassador said that for over two years, China has been working hard to promote peace and encourage and facilitate peace talks.

He elaborated the efforts made by China and other countries on the political settlement of the Ukraine crisis, including the six-point consensus jointly issued by China and Brazil in May this year. This fully demonstrates that diplomatic negotiations and a political settlement meet the common expectations of the majority of countries and represent the will of the international community, Geng added.

"We hope that the United States will not continue to turn a deaf ear to these calls for peace, that it will desist from discrediting and obstructing the diplomatic efforts of China and other countries concerned, undermining international solidarity, creating division and antagonism, and provoking bloc confrontations, and that it will truly play a constructive role in bringing an early end to the war and achieving peace," Geng said.

Chinese envoy urges US to desist from creating antagonism

Chinese envoy urges US to desist from creating antagonism

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