China's e-commerce logistics index has climbed for the sixth month in a row in June 2023, according to industry data compiled collaboratively by the China Federation of Logistics and Purchasing and online retail giant JD.com. The index, which provides a gauge of e-commerce logistics activities, witnessed an uptick of 1.1 points from May 2023, culminating in a total of 110.6 points in June 2023.Similarly, the specific index for e-commerce logistics business volume displayed an upward trajectory, rising 2.3 points on a month-on-month basis. The index tracking rural business volume saw a surge of 3.3 points from May.
Majority of sub-indices used to measure various aspects of e-commerce logistics activities exhibited growth in June. Eight out of the nine significant sub-indices recorded a rise last month.
China's e-commerce logistics index has surged for the sixth straight month in June 2023, reaching 110.6 points, as per data from China Federation of Logistics and Purchasing.
An increase in both rural and overall business volume contributed to the growth.
Majority of sub-indices used to measure e-commerce logistics activities exhibited growth in June.
Fibre2Fashion News Desk (DP)
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