China's logistics market index grows to reach 55.5% in Mar 2023

Additionally, the sub-index for business activity expectations reached 58.1 per cent in March, expanding for the fourth consecutive month. This suggests that logistics firms are optimistic about the sector’s future development, according to local media reports.

Logistics for industrial products in China climbed by 3.6 per cent year-on-year (YoY) in 2022. Total revenues of the logistics industry rose by 4.7 per cent YoY to 12.7 trillion yuan in the year.

ALCHEMPro News Desk (NB)