Updated

Updated · Global Times · Jul 29

China's H1 Social Logistics Volume Rises 5.1% to 181.1 Trillion Yuan as Online Demand Leads

Updated

Updated · Global Times · Jul 29

China's H1 Social Logistics Volume Rises 5.1% to 181.1 Trillion Yuan as Online Demand Leads

1 articles · Updated · Global Times · Jul 29

181.1 trillion yuan in social logistics volume was recorded in January-June, up 5.1% from a year earlier and 0.4 percentage points faster than GDP growth.
4.8% growth in online retail sales of physical goods helped drive household and enterprise goods logistics up 3.8%, with e-commerce, broader delivery networks and digital consumption underpinning demand.
14.4% growth in communication equipment sales and more than 30% growth in high-efficiency home appliances pointed to consumption upgrading, while green, smart and higher-quality goods lifted last-mile logistics demand.
2.5% growth in rural retail sales—1.3 percentage points faster than urban areas—showed lower-tier markets are adding momentum as county- and township-level distribution systems improve.
Faster logistics growth in high-end manufacturing, equipment technology and daily consumer goods suggests China’s logistics sector is becoming more consumption-driven, higher-end and greener.

Sources

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