China's e-commerce logistics index jumps to 108.1 in Sept 2022: Survey

10 Oct '22

1 min read

Pic: Shutterstock/ gualtiero boffi

China’s e-commerce logistics index in September 2022 has increased to 108.1 after a decline seen in August. The recent surge in the country’s e-commerce logistics index pushes it close to the 108.9 mark in February 2022, according to a joint survey by the China Federation of Logistics and Purchasing (CFLP) and e-commerce giant JD.com.

Several logistics indexes have bounced back after a boost in business operations and market demand. “The rebound can be attributed to the steady recovery of household consumption, rapid growth in energy and logistics, implementation of macro policies, and the restoration of the logistics supply capacity,” China Logistics Information Centre researcher Hu Han was quoted as saying by several Chinese media reports.

“The country’s logistics infrastructure was smooth overall in September,” added Hu. “The rapid recovery of business volume and new order sub-indexes indicate the strong resilience of the e-commerce express network.”

Experts anticipate China’s logistics operations in the fourth quarter to be impacted by the comeback of COVID-19 cases in different parts of the country, complex international economic conditions, and low demand.

Fibre2Fashion News Desk (NB)

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