China's December inventory index reaches 50.6; warehouse industry economic performance is good - Chinese media

The China Logistics and Purchasing Federation recently released the China inventory index for December 2024. According to the published information, inventory volume continues to increase, facility utilization rates are also increasing, and product turnover is becoming more active.
In December 2024, China's inventory index was 50.6, exceeding the "50" mark, which is the dividing line between economic expansion and contraction, and continued to maintain an expansionary zone. The entire warehouse industry is in good economic condition.
By product category, inventory operations were relatively sluggish as bulk merchandise markets entered their traditional off-season, but demand for consumer goods improved, boosting warehouse demand and driving overall business growth.
As business volume continues to increase, the utilization rate of facilities at companies is also on the rise, and the utilization rate index is in the expansion zone. A representative of the China Logistics Information Center said, "China's inventory index for December was
Among them, the average inventory turnover index, the closing inventory index, and the facility utilization rate index all maintained their expansionary ranges. The distribution of goods is proceeding smoothly, distribution efficiency remains high, and companies' willingness to stockpile goods is increasing.
"So we have a good foundation for restarting production immediately after the holidays," he said. In 2024, China's warehouse index will average 49.4 in the first quarter (January-March) and 49.5 in the second quarter (April-June).
The average was 48.6 in the first quarter, 48.8 in the third quarter (July-September), and 50.8 in the fourth quarter (October-December). In the fourth quarter, the various policies were effective, and warehouse demand increased rapidly.
The volume has increased significantly and the inventory has continued to grow. The economic performance of the warehousing industry is showing signs of recovery.