China's e-commerce logistics index sees growth in January 2024

13 Feb '24

1 min read

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Insights

In January 2024, China's e-commerce logistics index climbed to 112.8 points, marking a 0.4 point rise from the previous month.
The logistics volume sub-index soared to 125.3 points, the highest in nearly two years, with an improvement in rural logistics volume to 129.1 points.
This growth was due to a surge in delivery demand ahead of the Spring Festival.

China saw a rise in its e-commerce logistics index to 112.8 points in January 2024, indicating a slight increase of 0.4 points from the previous month, as per the China Federation of Logistics and Purchasing.

A notable highlight from the latest data is the surge in the logistics volume sub-index, which reached 125.3 points in January, marking the highest level observed in nearly two years. Additionally, the logistics volume in rural areas has shown significant improvement, breaking its downward trend by climbing 1.3 points to 129.1 points in the same month.

The federation has linked the positive momentum in these indexes to the increased demand for deliveries as the Spring Festival, also known as the Chinese Lunar New Year, approaches.

Fibre2Fashion News Desk (DP)

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