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Logistics index hits 51.5% as demand surges in China
China's logistics sector saw a marked recovery in March as the market index rose to 51.5 per cent, up 2.2 points from February and back in expansion. The rebound was driven by rising demand and improved supply chain activity. Key sectors like rail, water, air transport, and express delivery posted strong gains. In 2024, logistics value rose 5.8 per cent to 360.6 trillion yuan.
China's logistics sector saw a marked recovery in March as the market index rose to 51.5 per cent, up 2.2 points from February and back in expansion.
The rebound was driven by rising demand and improved supply chain activity.
Key sectors like rail, water, air transport, and express delivery posted strong gains.
In 2024, logistics value rose 5.8 per cent to 360.6 trillion yuan.
