The China Federation of Logistics and Purchasing today released the China Logistics Industry Prosperity Index for August. Logistics demand continues to expand, and the prosperity index continues to increase within the expansion range.
In August, China's logistics industry prosperity index was 50.9%, an increase of 0.5 percentage points from the previous month. Among the 12 sub-indices, 8 rebounded from the previous month. Among them, the three indices of total business volume, new orders and employees have been in the expansion range for many consecutive months.
From a regional perspective, the total business volume index of the eastern, central and western regions all rebounded to varying degrees month-on-month, and are all in the expansion range, reflecting the enhanced regional linkage of logistics activities in the real economy and the improvement of upstream and downstream synergy in the supply chain.
In terms of industries, key areas continue to develop well. The total business volume index of railway transportation, road transportation, air transportation, postal express industry, and multimodal transport is 54.8%, 54.5%, 51%, 68.8%, and 54.2% respectively, continuing to be in the expansion range.
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 the demand for bulk energy logistics has continued its recent stable development trend. The highlights of consumer logistics are outstanding. Summer consumption is combined with the back-to-school season and the "old-for-new" policy. The demand for 3C electronics, home appliances, school supplies, etc. has increased significantly. Orders for intelligent learning, featured cultural and creative, culture, sports and education categories among the e-commerce platform companies surveyed increased by more than 10% month-on-month, reflecting the strong demand for consumer logistics.
Fixed asset investment maintains expansion
Market expectations rebound
Recently, the country has accelerated the coordination of major projects of the "Six Networks", and the "Logistics Network Construction Implementation Plan" has been issued. The policy signal guidance effect is obvious, and both fixed investment and market expectations in the logistics field have shown positive changes.
In August, the fixed asset investment completion index of the logistics industry was 53.7%, continuing to be in the expansion range. The fixed asset investment completion index of the railway transportation industry, road transportation industry, and water transportation industry has rebounded from the previous month. Entering the second half of the year, relevant departments 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 "Implementation Plan for Logistics Network Construction", deploying 17 key tasks around seven aspects including promoting the construction of logistics hubs and interconnection.
From the perspective of market expectations, the business activity expectation index of the logistics industry in August was 54.4%, an increase of 1.6 percentage points from the previous month. Among them, the business activity expectation index of the railway transportation industry, road transportation industry, air transportation industry, postal express industry and multimodal transport fields all remained at a relatively high level.
In addition, experts also reminded that the index reflecting corporate costs continues to expand, and corporate operating pressure continues, especially the cost pressure of small, medium and micro enterprises. Corporate profits have fluctuated and fallen, and the profit margins of railways, highways, aviation and express delivery have narrowed.
(CCTV News Client CCTV reporter Wang Shantao)
