China's e-com logistics index up by 1.2 points in Nov over Oct figure

The index indicates logistics operations in the e-commerce sector.

The sub-index tracking total business volume last month stood at 124.1 points, marking a rise of 1.7 points from the October figure.

Rural e-commerce demand also rose in the month, with the sub-index tracking e-commerce logistics in such regions rising by 0.9 points from October to 129.5 points, a state-controlled news outlet reported.

The e-commerce logistics sector made steady progress between January and November this year, with significant improvement at both supply and demand sides, and the index returned to a five-year-high, the organisation said.

The upward trend is expected to continue as the consumption pattern of citizens has transformed, domestic brands have risen and new business forms in e-commerce have emerged.

ALCHEMPro News Desk (DS)