China's agricultural, industrial logistics report steady expansion in 2023
Xinhua | Updated: 2024-02-29 11:21
BEIJING -- China's agricultural and industrial logistics logged steady growth in 2023, industry data shows.
The total value of agricultural product logistics came in at 5.3 trillion yuan ($745.69 billion) last year, up 4.1 percent year-on-year, according to the China Federation of Logistics and Purchasing.
The figure for industrial products climbed to 312.6 trillion yuan, up 4.6 percent year-on-year, with that growth being 1 percentage point higher than that of 2022.
China's industrial product logistics showed a continuous upward trend in each quarter of 2023, particularly in the fourth quarter, seeing expansion of more than 6 percent in both November and December, the data also shows.
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