China News Service, Beijing, April 2 (Reporter Ruan Yulin) Data released by the China Federation of Logistics and Purchasing on the 2nd showed that China's logistics industry prosperity index was 51.5% in March, an increase of 4.4 percentage points from the previous month. He Hui, chief economist of the China Federation of Logistics and Purchasing, believes that in March, the resumption of work and production accelerated, and the upstream and downstream activities of the supply chain became more active, driving the recovery of logistics demand to accelerate. Overall, logistics operations achieved a stable and positive start in the first quarter.
The major sub-indexes rose across the board, among which the total business volume index was 51.5%, an increase of 4.4 percentage points from the previous quarter. The average total business volume index in the first quarter increased by 0.3 percentage points compared with the same period last year. In terms of industries, the total business volume index of major industries has rebounded month-on-month. Among them, in the fields of residential consumption and commercial logistics, the demand for retail in physical stores and supermarkets has resumed growth, driving the acceleration of commercial circulation, and the volume of FMCG less-than-truckload transportation and e-commerce express delivery has increased significantly.
Hu Hao, director of the Logistics Statistics Division of the China Logistics Information Center, said that in March, the total logistics business volume index, equipment utilization index, and capital turnover rate index continued to remain in the expansion range above 50%, and operational efficiency showed an upward trend. In March, the employment index rose by 2.7 percentage points month-on-month, and the corporate business activity expectation index was 55.3%, rising for two consecutive months. Companies maintain optimistic expectations for future development.
Looking forward to the market outlook, the state will introduce relevant measures to expand domestic demand and stabilize investment to form a policy package. The trade-in market demand in the fields of industrial manufacturing, transportation and consumer goods will be further released, focusing on information and communication electronics, new energy, equipment manufacturing, automobile manufacturing, New professional logistics productivity in green and low-carbon fields will be steadily formed, and logistics operations will have a solid foundation for improvement throughout the year. (over)