China's logistics industry index rose 0.9% month-on-month to 52.4 in September - Chinese media

On the 8th, the China Logistics Purchasing Federation announced China's logistics industry economic index for September. According to the published data, the logistics industry economic index for September was 52.4, up 0.9 points from the previous month.
The index exceeded 50, the dividing line between economic expansion and contraction, indicating a clear recovery. By item, the total business volume index and the new orders index continued to rise in September, maintaining the expansionary zone.
Looking at the total business volume index by industry, the rail transport industry increased by 0.5 points from the previous month to 54.4, and the road transport industry increased by 0.6 points to 53. In addition, the air transport industry showed a high water
The total business volume index rose 0.8 points to 57.8, and the new orders index rose 1.1 points to 59.5. In addition, the total business volume index for the postal delivery industry rose to 69.9.
An official from the China Logistics Information Center said, "China's logistics industry economic index maintained its recovery trend from August into September. The overall logistics supply and demand structure is expected to further deteriorate in the third quarter.
"The market has become more active, and the volume of logistics handled has also increased rapidly."