Home » China’s e-commerce logistics sector logs rebound in January

China’s e-commerce logistics sector logs rebound in January

by Dubaiforum

BEIJING, 12th February, 2023 (WAM) — China’s e-commerce logistics activities registered a steady recovery in January as the country optimised its antivirus response and consumption boomed during the week-long Spring Festival holiday, industry data showed, Xinhua News Agency reported.

The index tracking e-commerce logistics activities reached 104.6 points, up 1.8 points from the previous month, bucking the trend of contraction for three consecutive months, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and e-commerce giant JD.com.

Eight out of the nine major sub-indices measuring e-commerce logistics activities in different fields recorded growth last month, with those for business volume and rural business up 2.1 points and 2.6 points, respectively, from a month ago.

The survey projects that the index will continue to rise in February 2023, given the obvious pick-up and sound prospect of the Chinese economy.

Khoder Nashar

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