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China's logistics sector grows 3.6 percent in October

29.11.2022

This undated photo shows containers that are waiting for shipping at a port in Xiamen, Fujian province. Social logistics rose 3.6 percent year on year to 275.4 trillion yuan about $38.26 trillion in the January-October period, according to the China Federation of Logistics and Purchasing.

During the period, the logistics for industrial products increased by 4 percent year on year, as industrial production continued to expand, according to the report.

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In October, the logistics for high-tech manufacturing increased 10.6 percent year on year, up 1.3 percentage points from September.

Business operations in the logistics sector have shown stability, as a raft of policies to facilitate flows of logistics and support enterprises gradually took effect, according to the report.