The China Federation of Logistics and Purchasing released logistics operation data for the period from January to November this year today. From January to November, the total volume of social logistics nationwide reached 331.2 trillion yuan, representing a year-on-year increase of 5.0% when calculated at comparable prices, with a monthly growth of 4.5% in November. In terms of production, the total volume of industrial product logistics increased by 5.2% year-on-year from January to November, with a monthly growth of 4.7% in November. The growth of logistics in the industrial sector remained stable, with nearly 70% of major industrial sectors experiencing year-on-year growth. In terms of consumption, the total volume of unit and household goods logistics increased by 5.8% year-on-year from January to November. Emerging consumer logistics have flourished, with instant retail and live-streaming e-commerce growing rapidly. From January to November, the cumulative online retail sales of physical goods increased by 5.7% year-on-year. Green logistics has become a new growth point in the industry, with the total volume of renewable resource logistics increasing by 14.7% year-on-year from January to November, maintaining rapid growth throughout the year.
From January to November, the total revenue of the logistics industry reached 13.1 trillion yuan, marking a year-on-year increase of 4.6%. This growth rate is 0.1 percentage points higher than that from January to October, indicating a continuous rebound in growth for four consecutive months.
From January to November, the logistics industry's business climate index averaged 50.7%, with the annual average value remaining in the expansion range. In November, it reached 50.9%, marking a month-on-month increase of 0.2 percentage points. This indicates that the logistics market continues to expand in scale. Coupled with the traditional peak season for logistics in the fourth quarter, logistics activity shows a steady yet upward trend. (CCTV News)

