China's Storage Index In April Rose to 53.7%, an Increase of 3.5 Points from the Previous Month

China's storage index in April was 53.7%, an increase of 3.5 percentage points from the previous month, implying that the warehousing industry maintained a good pace of recovery. Among them, the new orders index of consumer goods such as food and daily necessities rose significantly. The average inventory turnover index in April was 51.6%, indicating that the efficiency of goods turnover continued to improve. With the stable recovery of the economy and the efforts to expand domestic demand, market demand still has room for growth. It is expected that the warehousing industry will maintain a stable and positive trend in the later period.