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China’s logistics sector posts higher growth

25 September 2013
A year-on-year growth rate of 9.5 per cent was reported in China’s logistics sector for the first eight months of 2013, with goods worth Rmb127,000bn moving around the country. This was 0.2 per cent up on the January-July growth rate, according to the China Federation of Logistics and Purchasing.

Costs in the logistics sector were up 9.1 per cent year-on-year, again 0.2 percentage points higher than the January-July period.

The federation said that increasing demand for logistics and improving performances of companies were responsible the sector’s growth

     
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