Beijing: SiltaNews – News Desk
China’s logistics sector returned to expansion in May, with the index tracking the country’s logistics market reaching 50.3%, an increase of 0.6 percentage points compared to the previous month.
A reading above 50% indicates expansion, while a reading below 50% reflects contraction. According to the China Logistics Information Centre, demand for industrial logistics services accelerated in May, while demand for consumer-related logistics services maintained steady growth.