China's e-commerce logistics activities expand in October
Source: Xinhua | 2021-11-06
China's e-commerce logistics sector reported moderate growth in October, according to an industry survey jointly conducted by the China Federation of Logistics and Purchasing and e-commerce giant JD.com.
The survey showed that the index tracking e-commerce logistics activities rose to 111.5 points in October, up 0.3 percentage points from the previous month.
The total demand for e-commerce logistics rose in the period, with the sub-index tracking the total business volume coming in at 127.3 points, up 0.6 points from the previous month.
Demand for e-commerce in rural areas maintained its growth momentum, with the sub-index tracking e-commerce logistics in these regions standing at 129.4 points, up 0.7 points from March.
The survey predicted that demand for e-commerce logistics would continue to increase in November, influenced by "Double 11" (Nov. 11, indicating Singles' Day) shopping spree.
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