China's e-commerce logistics index increases 1.1 pts in March

Specifically, the sub-index tracking total business volume in the sector went up 4.2 points month on month to 126.4 points, hitting a new high over the past two years.

The figure tracking business volume in rural areas also rose 3.4 points from the previous month to 127.7 points during the period.

As the weather warmed up and the Chinese New Year holiday ended in February, China's e-commerce logistics market logged steady expansion. The federation predicts that the growth is likely to continue in the next stage, driven by further consumption boom, according to Chinese media reports.

ALCHEMPro News Desk (DP)