China News Service, Beijing, May 6. The China Storage Index jointly surveyed by the China Federation of Logistics and Purchasing and China Reserve Development Co., Ltd. was 55.0% in April 2021, an increase of 2.3 percentage points from the previous month.
It shows that under the background of the stable recovery of the domestic economy, warehousing business activities continue to maintain a relatively obvious growth trend.
Data show that China's warehousing index was 55.0% in April 2021, an increase of 2.3 percentage points from the previous month.
Among the sub-indices, the extended business volume index and the corporate employee index fell from the previous month, the business activity expectation index remained the same as the previous month, and the remaining indexes rebounded to varying degrees.
The ending inventory index for April 2021, which is composed of 21 categories of commodities, was 56.2%, up 0.9 percentage points from the previous month, reflecting that the industry's inventory level remained high.
In terms of categories, among the means of production commodities, the inventories of mineral products, building materials, and chemicals have rebounded significantly from the previous month; among the commodities of daily use, the inventory of household appliances has rebounded significantly from the previous month.
Wang Yong, assistant to the president of China Reserve Development Co., Ltd., believes that the storage index in April continued to rise slightly from the high level of the previous month, reaching a high of 55%. The index of business volume, equipment utilization and average inventory turnover rebounded more. Significantly, indicating that under the background of the steady recovery of the domestic economy, warehousing business activities continue to maintain a relatively obvious growth trend.
The business profit index rose again this month after falling back to rising last month, indicating that the economic efficiency of the company has continued to improve.
The business activity expectation index remained high in the expansion range, indicating that the market still has confidence in the future.
On the whole, the warehousing industry continues to remain active, showing obvious peak season characteristics.