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China's industrial transformation drives growth of consumption, logistics demands

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China

China

China's industrial transformation drives growth of consumption, logistics demands

2024-10-05 18:45 Last Updated At:19:27

China's industrial transformation and upgrading has boosted consumption and the growth of logistics demands, driving the development of the upstream and downstream sectors.

In August, the total logistics volume of the electronics and communication equipment manufacturing industry increased by 11.4 percent compared to the same period last year. It has maintained double-digit growth for 10 consecutive months.

Upstream monocrystalline silicon, polysilicon and other manufacturing materials logistics increased by 7.2 percent and 20.3 percent respectively. The logistics of midstream imported materials such as semiconductor devices and integrated circuits increased by about 14 percent.

Terminal logistics also performed well, with the retail logistics volume of communications equipment growing from 12.7 percent in July to 14.8 percent.

"The highlights in some fields should be noted. For example, the smart manufacturing sector was effectively supported by logistics. Besides, the import of integrated circuits and the retail logistics at the end of the supply chain for consumer electronics also saw double-digit growth," said Zhou Jianqin, director of the Logistics Department of the School of Economics and Management at Beijing Jiaotong University.

Along with improved logistics supply structure, China's logistics sector continued steady expansion in August. The index tracking the country's logistics market stood at 51.5 percent in August, up 0.5 percentage points from the previous month, according to the China Federation of Logistics and Purchasing.

China's industrial transformation drives growth of consumption, logistics demands

China's industrial transformation drives growth of consumption, logistics demands

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Lebanon receives aid from WHO, UN refugee agency

2024-10-05 18:45 Last Updated At:19:07

Lebanon has received medical and relief aid from the World Health Organization (WHO) and the UN High Commissioner for Refugees (UNHCR) on Friday, with an additional aid plane carrying 55 tons of supplies arriving from the United Arab Emirates (UAE).

The first shipment was welcomed by Lebanese Health Minister Firas Abiad who emphasized the importance of this support.

"We are here at Rafic Hariri Airport in Beirut, receiving a shipment of medical supplies and medicines for the war-wounded, prepared by the WHO and the UNHCR, with the support from the UAE. An air bridge will be established from the UAE, with another plane coming today loaded with 55 tons of aid," said Firas Abiad, Lebanese Health Minister.

The delivery of aid was attended by representatives from both the WHO and UNHCR, who expressed their support for Lebanon and called on the international community to help with de-escalation efforts.

"I think the WHO and the UN system in general, we are committed to alleviating the pressure for Lebanon and the people of Lebanon as well as other people who are vulnerable, people who are living in the country into that. And we stand by with the government and also for the people of Lebanon to overcome this challenge," said Abdinasir Abubakar, WHO Representative in Lebanon.

"This is the time for the international community, first of all, to bring an end to conflict and hostilities. In the absence thereof, we all need to ramp up and show solidarity and bring in more resources. And all organizations, the government needs support and all humanitarian organizations need further financial support. So, we call on donors to respond to the flash appeal, the emergency appeal in a very expedient and comprehensive manner," said Ivo Freijsen, UNHCR Representative in Lebanon.

The National News Agency (NNA) reported on Friday that Italy granted 17 million euros (around 18.65 million U.S. dollars) to support the civilian population affected by the ongoing humanitarian crisis in Lebanon.

Meanwhile, the news agency said Britain is boosting its humanitarian support for Lebanon with an additional 10 million pounds (about 13.12 million dollars).

Among those affected, children bore the brunt of the conflict, which has dramatically escalated between Israel and Hezbollah across Lebanon these days.

More than 690 children have reportedly been injured in Lebanon over the past six weeks. The most common injuries they suffered include concussions and traumatic brain injuries from the impact of blasts, shrapnel wounds, limb injuries, and hearing loss, according to a statement by the UN Children's Fund (UNICEF).

Meanwhile, it is estimated that more than 400,000 children have been displaced from their homes.

UNICEF urged the international community to mobilize humanitarian support and ensure that supply routes into Lebanon remain open, allowing for the rapid and safe delivery of life-saving aid to needy children. It also called for an urgent ceasefire and protection of children by all parties.

Since Sept. 23, the Israeli army has been conducting intensive airstrikes on Lebanon in a dangerous escalation with Hezbollah.

Lebanese Health Minister Firas Abiad reported on Thursday that a total of 1,974 people have been killed, including 127 children and 261 women, and 9,384 others wounded in Lebanon since the onset of the Hezbollah-Israeli conflict in October last year.

Lebanon receives aid from WHO, UN refugee agency

Lebanon receives aid from WHO, UN refugee agency

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