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China's Sept e-com logistics index rises 1.2 points to 112.3 over Aug

17 Oct '23
1 min read
Pic: AdobeStock
Pic: AdobeStock

Insights

  • China's e-commerce logistics index was 112.3 points in September—up by 1.2 points from the August figure, the China Federation of Logistics and Purchasing said.
  • The overall demand for e-commerce logistics has significantly improved, and the supply capacity and efficiency of logistics enterprises have steadily increased, the federation added.
China's e-commerce logistics index was 112.3 points in September—up by 1.2 points from the August figure, according to the China Federation of Logistics and Purchasing. The index measures logistics operations in the e-commerce sector.

The sub-index tracking total business volume in September stood at 123.9 points—a rise of 2.5 points from the August figure.

The satisfaction rate sub-index was 101.5 in September—up by 0.2 points from August—continuing an upward trend for the fourth month in a row, a state-controlled media outlet reported.

The overall demand for e-commerce logistics has significantly improved, and the supply capacity and efficiency of logistics enterprises have steadily increased, it added.

The e-commerce logistics index is compiled based on data from online retailer JD.com.

Fibre2Fashion News Desk (DS)

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