In April, the resurgence of COVID-19 cases affected logistics demand. The logistics demand for agricultural products and energy increased, while such demand related to industrial production, imports and consumption was muffled, official Chinese media reported.
The logistics of the industrial product sector shrank in April, with the total logistics volume falling by 2.9 per cent year on year, the first decline since March 2020.
In the first four months, the online retail sales of goods climbed by 5.2 per cent year on year while the business volume of the courier sector expanded by 4.2 per cent year on year.
ALCHEMPro News Desk (DS)
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