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China logistics prosperity index at 59.2%


11-02-2016 14:57 BJT

China's logistics sector was running steadily in October. Fresh data from China Federation of Logistics and Purchasing showed that China's Logistics Prosperity Index climbed 0.2 percentage from September to 59.2 percent in October. That's while the storage index stood at 50.7 percent, compared to 50.6 percent in September.

At the same time, the road transportation price index jumped 8.7 percent to 108.1. The three indices showed that activity in China's market was improving, while express delivery and rail transportation were growing rapidly. Experts expect additional growth as the upcoming November 11th shopping event will contribute a lot to the sector.

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