Social logistics in China rose by 3.4 per cent year on year (YoY) to 347.6 trillion yuan (about $50.4 trillion) last year, according to the China Federation of Logistics and Purchasing. Logistics for industrial products climbed by 3.6 per cent YoY last year. Total revenues of the logistics industry rose by 4.7 per cent YoY to 12.7 trillion yuan in the year.China’s logistics market had the largest share in 2021, according to Precedence Research.
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