Skip to Content Facebook Feature Image

China's logistics sector in Dec reaches new high for 2024

China

Video Player is loading.
Current Time 0:00
Duration -:-
Loaded: 0%
Stream Type LIVE
Remaining Time 0:00
Â
1x
    • Chapters
    • descriptions off, selected
    • captions off, selected
      China

      China

      China's logistics sector in Dec reaches new high for 2024

      2025-01-03 09:23 Last Updated At:11:07

      China's logistics business volume continued to rise in December of 2024, with the prosperity index reaching a new high for 2024, indicating a significant increase in logistics activity, according to the China Federation of Logistics and Purchasing on Friday.

      In December 2024, the prosperity index of China's logistics industry stood at 53.1 percent, up by 0.3 percentage points from the previous month.

      Supported by favorable policies and inherent market dynamics, the total logistics business volume index has risen for five consecutive months.

      Business volume indexes have shown balanced growth across the nation, with the eastern region experiencing the most significant climb.

      From an industry perspective, there was a notable upturn in logistics demand during the month in sectors such as electrical machinery, semiconductors, communication equipment, transportation equipment, and new energy vehicle manufacturing.

      In addition, the potential for residential consumption continues to be released, with stable demand for online shopping.

      The total business volume indexes for road transport, water transport, and multimodal transport all showed varying degrees of increase month on month.

      Meanwhile, the total business volume indexes for railway transport, air transport, and postal express industries remained above 55 percent, indicating a high level of prosperity.

      "Throughout the year of 2024, the prosperity index of China's logistics industry demonstrated a pattern of stability followed by growth, maintaining a steady upward trend in overall logistics operations. The continuous enhancement of logistics service capabilities, characterized by high quality, high efficiency, and high adaptability, plays a crucial foundational role in promoting both domestic and international economic circulation, accelerating the flow of goods, and ensuring the stable operation of the national economy," said Liu Yuhang, director of the China Logistics Information Center.

      China's logistics sector in Dec reaches new high for 2024

      China's logistics sector in Dec reaches new high for 2024

      Next Article

      Trump imposes "reciprocal tariffs" amid widespread opposition

      2025-04-03 05:37 Last Updated At:09:07

      Amid widespread opposition, U.S. President Donald Trump on Wednesday signed two executive orders on the so-called "reciprocal tariffs," imposing a 10-percent "minimum baseline tariff" and higher rates on certain trading partners.

      Trump announced these tariffs in a speech in the White House Rose Garden, during which he also said a 25-percent tariff on cars and car parts imported into the U.S. will take effect on Thursday.

      Many trading partners of the U.S. have previously expressed their opposition, saying that they will take countermeasures in response.

      On Wednesday, President of the European Council Antonio Costa said the European Union must react in a "firm but smart manner" to the reciprocal tariffs.

      "This is truly a major economic mistake for the United States and also for Europe and the entire world," Costa said.

      Italian Prime Minister Giorgia Meloni said the introduction of new U.S. tariffs would have heavy repercussions for Italian producers, adding that she did not rule out "adequate responses" to defend Italian products.

      While stating that the UK is engaging in constructive talks to reach a broader economic prosperity deal with the U.S., British Prime Minister Keir Starmer also said that the country is prepared for all possible scenarios and will not rule out any possibilities

      Trump imposes "reciprocal tariffs" amid widespread opposition

      Trump imposes "reciprocal tariffs" amid widespread opposition

      Trump imposes "reciprocal tariffs" amid widespread opposition

      Trump imposes "reciprocal tariffs" amid widespread opposition

      Recommended Articles
      Hot · Posts