China Logistics Industry Activity Index Released for September as Demand Continues to Recover

The China Federation of Logistics and Purchasing released the September China Logistics Industry Activity Index today (the 11th). The index remains in the expansion range, showing a rise from the previous month as logistics demand continues to recover and business resilience becomes increasingly evident. In September, the China Logistics Industry Activity Index stood at 51.5%, up 0.6 percentage points from the prior month, marking five consecutive months of expansion. The new orders index reached 51.2%, rising by 0.4 percentage points on a monthly basis for seven consecutive months. Among the 12 component indices, 10 showed an increase compared to the previous month. Data trends since the third quarter indicate growing demand for logistics services and stabilizing micro-level operations, laying the foundation for steady performance in the fourth quarter. (CCTV News)