The story appears on

Page A5

February 13, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Transport

Logistics hold steady in January

CHINA’S logistics activity remained stable in January as the economy showed signs of stabilizing, according to an industry report.

The logistics performance index for January came in at 52.5, down 3.5 points from a month earlier, the China Federation of Logistics and Purchasing said.

A reading above 50 percent indicates expansion from the previous month, while a reading below indicates contraction.

He Hui, deputy director of the China Logistics Information Center, attributed the decline to the influence of Spring Festival, but also stressed that the sector was stable, as the index was above 50 percent.

The federation began collecting LPI data from more than 300 logistics companies in December, 2011.

This year, positive changes and bright spots continue to grow in the Chinese economy, a sign the economy is stabilizing amid an uncertain global outlook.

Manufacturing has expanded for the sixth consecutive month. The manufacturing purchasing managers’ index was 51.3 in January, the National Bureau of Statistics said.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend