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Economy

The logistics industry prosperity index remains within the prosperity range, and the overall operation of China's logistics industry is stable

2023-08-08   

Recently, with the sound of a whistle, an international train loaded with office furniture, small appliances, and other distinctive products from the Guangdong Hong Kong Macao Greater Bay Area slowly departed from Guangzhou International Port. This is the first "China Jiwu" multimodal international train in the Guangdong Hong Kong Macao Greater Bay Area. So far, there have been 18 China Europe trains in the Guangdong Hong Kong Macao Greater Bay Area. As of now, the China Europe Express in the Guangdong Hong Kong Macao Greater Bay Area has a total of 9 departure stations, and has successively opened international trade channels to Almaty, Kazakhstan, Tashkent, Uzbekistan, Dushanbe, Tajikistan, and other places. One end is connected to production and the other end is connected to consumption. Transportation and logistics are the "major arteries" that smooth the development of the national economy and are closely related to the lives of the people. Since the beginning of this year, from ports to airports, from highways to railway hubs, the logistics industry has been busy as an important window for observing the current economic situation. Recently, the China Federation of Logistics and Purchasing released the China Logistics Industry Prosperity Index for July 2023, with a value of 50.9%, a decrease of 0.8 percentage points from the previous month; The Chinese warehousing industry index was 52.2%, an increase of 1.5 percentage points compared to the previous month. In July, due to the impact of high temperatures, rainy weather, and off-season effects, the logistics industry prosperity index decreased compared to the previous month, but remained within the prosperity range, and the overall operation of the logistics industry was stable. "He Hui, Chief Economist of the China Federation of Logistics and Purchasing, said that from the later trend, the expected index of business activities remained within the expansion range, indicating that the overall confidence of the logistics market remained stable. He Hui further analyzed that from the perspective of the index, the new order index and main business profit index have rebounded compared to the previous month, while other sub indexes have fallen to varying degrees compared to the previous month. There are signs of slowing down growth momentum, and the upward foundation still needs to be consolidated and strengthened. From a regional perspective, the business demand in the eastern and western regions is still expanding, but the new demand in the central region has slowed down compared to last month. From the perspective of enterprise scale, the business scale of large logistics enterprises remains stable; Small and medium-sized logistics enterprises have weak logistics pressure. The current policies are showing positive changes, and the deployment of relevant policies may accelerate implementation, and the economy is expected to recover smoothly. Data shows that in July, the total business volume index was 50.9%, a decrease of 0.8 percentage points compared to the previous month. The new order index was 50.6%, a 0.2 percentage point increase compared to the previous month. Regarding this, He Hui stated that from these data, it can be seen that the overall operation of China's logistics industry is stable, but the growth rate of business volume and scale has slowed down. The new demand in July has driven an improvement in the new order index, and the company's operating expectations will gradually improve. Overall, the total logistics demand and new orders remained stable in July, and the role of ballast stones in the eastern region was significant. Equipment utilization and inventory turnover were good, and enterprise operational efficiency remained at a high level. "Hu Enthalpy, Director of the Logistics Statistics Department of the China Logistics Information Center, said that in the sub index, the total business volume index, new order index, inventory turnover frequency index, fund turnover rate index, equipment utilization rate index The fixed assets investment completion index, employee index and business activity expectation index remain in the boom zone, reflecting that the current logistics demand is generally stable, the enterprise operation efficiency is high, the supply and demand of personnel positions are stable, and the logistics maintains a good operation trend. According to data released by the Ministry of Transport, in the first half of the year

Edit:Hou Wenzhe Responsible editor:WeiZe

Source:people.cn

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