Trade Resources Industry Trends CFLP Announced That in The First Nine Months China's Logistics Recorded a 9.5 Percent

CFLP Announced That in The First Nine Months China's Logistics Recorded a 9.5 Percent

On October 28, the China Federation of Logistics and Purchasing (CFLP) announced that in the first nine months of this year China's logistics sector recorded a 9.5 percent year-on-year rise in the total value of goods transported to RMB 145.7 trillion ($23.8 trillion), while this growth rate was down 0.4 percentage points compared to that recorded in the first half of this year.

In particular, in the January-September period this year the value of domestic industrial products transported amounted to RMB 133.4 trillion ($21.8 trillion), up 9.6 percent year on year, while the value of imported products transported was RMB 9 trillion ($1.47 trillion), up 9.0 percent year on year.

Source: http://www.steelorbis.com/steel-news/latest-news/chinas-logistics-sector-sees-95-rise-in-business-in-jan_sept-791559.htm
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China's Logistics Sector Sees 9.5% Rise in Business in Jan-Sept
Topics: Transportation