[China Federation of Logistics & Purchasing: China's Logistics Prosperity Index in February Was 49.3%]
The China Federation of Logistics & Purchasing released the February Logistics Prosperity Index on the 4th. After the Chinese New Year, logistics demand was released in an orderly manner. Notably, in late February, the physical content index showed a significant increase, with the total business volume in the eastern and central regions maintaining expansion. The Logistics Prosperity Index for February stood at 49.3%. As post-holiday work resumed in an orderly fashion, major projects across regions commenced intensively, and the upstream and downstream of the industry chain recovered steadily. The prosperity levels of road and rail transportation were within the expansion territory, while the activity of water transportation continued to improve. The logistics activity in the multimodal transport and postal express e-commerce sectors continued to rise, with their total business volume indices reaching relatively high levels of 55.6% and 66.3%, respectively.
