China's e-commerce logistics index up in March
By Yang Yang | chinadaily.com.cn | Updated: 2024-04-03 17:32
China's e-commerce logistics index, an indicator of logistics operations in the e-commerce sector, was 112.5 points in March this year, an increase of 1.1 points from the previous month, chinanews.com reported on Wednesday.
In March, the sub-index tracking logistics volume was 126.4 points, 4.2 points higher than the previous month, according to the report citing the China Federation of Logistics & Purchasing.
The sub-index tracking logistics volume in rural areas was 127.7 points in March, 3.4 points higher than the previous month.
In the same period, the sub-index tracking logistics timeliness was 99.8 points, 1.9 points higher than the previous month, ending a seven-month decline.
In general, the e-commerce logistics market has maintained a steady improvement trend, which is expected to continue as resident consumption further recovers.
The e-commerce logistics index is co-released by the China Federation of Logistics & Purchasing and JD.com, a major online retailer in China. The baseline index was set up at 100 points.
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