China Logistics Index Grows for Fifth Straight Month

Data released by the Chinese Federation of Logistics and Purchasing shows that the Logistics Sector Prosperity Index in China continued its growth for the fifth consecutive month, reaching 51.5 points in September, indicating an expansion of economic activity in the sector. The index increased slightly by 0.6 points compared to the previous month, with 10 out of 12 sub-indicators improving, especially new orders and total business volume, which have seen continuous increases for periods ranging from five to seven months. Experts pointed out that supportive consumption policies and improved living conditions have contributed to driving this growth, with optimistic market expectations for the fourth quarter.

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