Xinhua News Agency, Beijing, September 9th: Demand continues to expand and my country’s logistics market is expected to show positive changes
Xinhua News Agency reporter Ye Haoming
Data released by the China Federation of Logistics and Purchasing on the 9th showed that in August, China’s logistics industry prosperity index was 50.9%, an increase of 0.5 percentage points from the previous month.
Hu Hao, deputy chief economist of the China Logistics Information Center, said that in terms of regions, the total logistics business volume index rebounded relatively evenly. The total business volume indexes in the eastern region, central region and western region were 50.3%, 50.7% and 51.3% respectively, which increased by 0.4, 0.6 and 0.5 percentage points respectively from the previous month.
In terms of industries, the total business volume index of railway transportation, road transportation, air transportation, postal express industry, and multimodal transport was 54.8%, 54.5%, 51%, 68.8%, and 54.2% respectively, continuing to remain in the expansion range.
"The total business volume index is stable and improving by region and industry, reflecting the enhanced regional linkage of logistics activities in the real economy, the improvement of upstream and downstream synergy in the supply chain, and the continuation of the positive trend in key areas." Hu Hao said.
Logistics demand is generally improving, and physical volume is growing steadily. In industrial logistics, the demand for logistics such as electrical machinery manufacturing, pharmaceutical manufacturing, automobile and parts manufacturing, and electronic component manufacturing has increased, and bulk energy logistics has continued to stabilize in recent months.
Consumer logistics has outstanding highlights. Although the summer vacation is gradually coming to an end, combined with the mid- to late-term school season and the trade-in policy, the demand for 3C electronic updates, home replacement, and new school purchases has increased significantly. Hu Hao believes that this reflects the continuous connection of consumer logistics hot spots and maintaining a strong momentum.
In the first eight months of this year, the average value of the enterprise's main business cost index was 52.4%. In August, it was still above 52%, which was 6 percentage points higher than the main business profit index. The operating pressure of enterprises continues.
In terms of enterprise size, the main business cost index of medium-sized, small and micro enterprises increased by 0.6, 0.8 and 0.9 percentage points respectively in August, and the cost pressure of small, medium and micro enterprises increased. Compared with cost pressures, corporate profitability has fluctuated and fallen. The profit index of logistics companies' main business fell by 0.4 percentage points month-on-month. Looking at different industries, the profit margins of railways, highways, aviation and express delivery have narrowed.
The fixed asset investment completion index of the logistics industry was 53.7%, remaining in the expansion range. Among them, the fixed asset investment completion index of the railway transportation, road transportation, and water transportation industries rebounded month-on-month. The business activity expectation index was 54.4%, an increase of 1.6 percentage points from the previous month. The business activity expectation index in the railway transportation industry, road transportation industry, air transportation industry, postal express industry and multimodal transport industry all maintained a high level.
Liu Yuhang, director of the China Logistics Information Center, said that since the second half of this year, relevant departments have continued to supervise the issuance progress of local special bonds and ultra-long-term treasury bonds, and accelerated the coordination of major projects of the "Six Networks". The National Development and Reform Commission and the Ministry of Transport issued the "Logistics Network Construction Implementation Plan", deploying 17 key tasks around seven aspects including promoting the construction of logistics hubs and interconnection. "A series of policy signals have obvious guiding effects, and new logistics business volume, fixed asset investment and market expectations have shown positive changes." Liu Yuhang said.
