China News Service, April 3. According to the website of the China Federation of Logistics and Purchasing, the China E-commerce Logistics Index in March 2024 jointly released by the China Federation of Logistics and Purchasing and JD.com was 112.5 points, an increase of 1.1 points from the previous month. Among the sub-indexes, the total business volume index, rural business volume index, logistics timeliness index, and satisfaction rate index have increased, the inventory turnover rate index, personnel index, load rate index, and cost index have decreased, and the fulfillment rate index has remained stable. Change.
The total business volume index of e-commerce logistics has increased significantly. In March, the total e-commerce logistics business volume index was 126.4 points, an increase of 4.2 points from the previous month. In terms of regions, the total business volume index has increased in all regions across the country, with the eastern and central regions having the largest improvement and higher than the national average.
The rural e-commerce logistics business volume index stopped falling and rebounded. In March, the rural e-commerce logistics business volume index was 127.7 points, an increase of 3.4 points from the previous month. In terms of regions, the rural business volume index has improved in all regions across the country, with the central and northeastern regions having the largest improvement, and the central region being higher than the national average.
The logistics timeliness index stopped falling and rebounded. In March, the logistics timeliness index was 99.8 points, an increase of 1.9 points from the previous month, ending seven consecutive months of decline. The rise in this sub-index this month was mainly driven by factors such as the recovery of express delivery after the Spring Festival, but it is still below 100 points and deserves continued attention.
The inventory turnover index dropped significantly, and the decline in the personnel index narrowed. In March, the inventory turnover index was 105.2 points, down 3.7 points from the previous month. After the Spring Festival, companies accelerated their inventory preparation, average inventory increased, and the inventory turnover rate index fell.
The actual load rate index fell slightly, while the fulfillment rate index remained unchanged. In March, against the background of the post-holiday supply rebound, the actual load rate index fell slightly by 0.6 points, but still remained at a high level of around 117 points. The fulfillment rate index performed well during the Spring Festival in February and remained unchanged month-on-month in March.
As the weather got warmer and the Spring Festival holiday in February came to an end, the e-commerce logistics index rebounded significantly in March. In particular, the demand side is very active. The total business volume index and the rural business volume index rebounded by 4.2 points and 3.4 points respectively, with the total business volume index rising to a new high in the past two years. The business volume index increased in all regions across the country, especially in the central region, which was affected by rain and snow in the early stage. From the supply side, the rise in e-commerce consumer demand has not put great pressure on the supply side, and logistics companies have sufficient supply service capacity reserves. The actual load rate index has declined, while the satisfaction rate and logistics timeliness index have increased. The cost index fell by 0.6 points month-on-month, and corporate operating costs remained at a high level. Overall, the e-commerce logistics index in March rebounded by more than 1 point after the Spring Festival, which is consistent with expectations. The e-commerce logistics market maintains a steady improvement trend. This trend is expected to continue as residents' consumption further picks up in the future. .