China's logistics sector achieves 5.7 pct yearly growth in Jan-Oct period | DRM News | AF1G

China's logistics sector showed signs of stabilization and recovery from January to October 2024, with total social logistics volume reaching 287.8 trillion yuan, a 5.7% year-on-year increase. October marked the strongest growth since June, reflecting economic resilience. The equipment manufacturing sector saw a 6.6% increase in logistics, and retail logistics also surged, driven by policies and demand for consumer goods. Experts highlight that policies and the upcoming peak consumption season are expected to support further growth.

China logistics, 2024 economic recovery, growth in logistics, China's economy, retail logistics, industrial logistics, consumer demand, trade policies, manufacturing logistics

#ChinaLogistics #EconomicRecovery #LogisticsGrowth #China2024 #SupplyChain #Manufacturing #RetailDemand #tradepolicy

China's logistics sector achieves 5.7 pct yearly growth in Jan-Oct period | DRM News | AF1G

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