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China's e-commerce logistics sector experiences growth in Feb 2022

14 Mar '23
1 min read
Pic: Shutterstock/s_oleg
Pic: Shutterstock/s_oleg

China’s e-commerce logistics sector experienced growth in February 2023, with the index tracking e-commerce logistics activities reaching 107.2 points in the period, up 2.6 points from the previous month, as per a survey.

The report, which was conducted by the China Federation of Logistics and Purchasing and e-commerce giant JD.com, indicated that all nine major sub-indices measuring e-commerce logistics activities in different fields recorded growth last month, with rural business and business volume sub-indices increasing by 1.8 points and 2.6 points, respectively, from January 2023.

The survey also predicted that the index will continue to rise in March, indicating strong potential for the growth of demand in the future. The e-commerce logistics sector’s expansion in February is attributed to the acceleration of recovery efforts by enterprises and businesses.

Fibre2Fashion News Desk (NB)

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