China's e-commerce logistics index, which measures logistics operations within the e-commerce sector, reached 115 points in October, an increase of 0.6 points from September, according to data released Monday by the China Federation of Logistics and Purchasing (CFLP).
Experts said that the e-commerce logistics index in October thrived due to strong online shopping driven by sales promotions from major e-commerce platforms and the ongoing trade-in program for home appliances.
The sub-index for the sector's total business volume rose by 2.5 points from the previous month to 133.7 points, marking a new five-year high, according to data from the CFLP.
Regionally, the northeastern region saw the largest increase in its total business volume index.
"China's e-commerce logistics index showed a slight rebound in October, and the demand for e-commerce logistics has also steadily recovered as online consumption was boosted by large-scale equipment upgrades, trade-ins of consumer goods, as well as increased subsidies for consumer goods such as home appliances, clothing, and daily consumables," explained Liu Yuhang, director of the China Logistics Information Center.
In October alone, the inventory turnover rate index rose by 0.8 points from the previous month, driven by an increase in business volume.
Given the sales promotions launched by numerous e-commerce platforms for the annual 'Double 11' online shopping spree on Nov. 11, analysts predict that the e-commerce logistics index will continue to rise in November.
China's e-commerce logistics index up in October
China's e-commerce logistics index up in October
China's e-commerce logistics index up in October
Ice and snow sports enthusiasts and tourists alike are reveling in numerous winter fun activities launched to boost tourism in southwest China's Sichuan Province and central China's Hubei Province.
In Ya'an City, Sichuan Province, a local ski resort opened to the public on Monday, featuring ski shows. Performers in various ski costumes demonstrated impressive skiing skills, drawing cheers from the audience. Both professional skiers and beginners were able to enjoy the thrill of skiing in winter here.
"It's my first time to try skiing. It's exciting and fun. I can see the Minya Konka peak, which is stunning," said Chen Keyi, a tourist.
"There are many winter tourism activities, and the temperature is perfect. We feel comfortable and cozy," said Qu Feng, another tourist.
In addition to performances, local authorities have used the area's natural resources, combining winter tourism with hot springs and local cuisine.
In Huanggang City, Hubei Province, skiers from nearby areas flock to the Taohuachong Ski Resort to experience the speed and excitement of winter sports. At an altitude of 1,088 meters, surrounded by pines and cedars, this ski resort stands out for its breathtaking views of rime. To enhance the tourist experience, Taohuachong has added three new ski runs.
"This ski resort is huge. We feel relaxed," said Li Mei, a tourist.
Local authorities have also integrated various resources, including ice and snow, hot springs, cuisine, and cultural products, to create a range of one-stop winter tourism experiences. With favorable winter tourism policies, these offerings are drawing more visitors.
"We headed for the hot spring right after skiing. It's been a wonderful and cozy experience," said Xia Ling, a tourist.
Winter fun activities draw tourists to Sichuan, Hubei
Winter fun activities draw tourists to Sichuan, Hubei