China's Total Social Logistics Value Up 5.0% YoY in First Seven Months
In the first seven months of this year, China's total social logistics value reached 214.5 trillion yuan, up 5.0% YoY. It maintained stable growth, and the demand structure improved. The growth rate of total import logistics volume stabilized, and the goods mix showed notable divergence. In the first seven months, total import logistics value was up 1.8% YoY, and import logistics volumes of high-tech products and mechanical and electrical products continued to grow rapidly.