China's inventory index in January was 52.5... ”maintaining a growing trend” - Chinese media

On the 10th, the China Logistics and Purchasing Federation released the China inventory index for January. According to the release, with the increase in consumer demand during the Lunar New Year holiday, warehouse demand also maintained a relatively high growth rate.
The turnover rate of goods continued to improve, and companies became more proactive in stockpiling and replenishing stocks, so the industry maintained its development trend. In January, China's inventory index rose 1.9 points from the previous month to 52.5, indicating that the economy was in a good condition.
The index was above the 50 mark, which is the dividing line between expansion and contraction. Looking at the individual indices, the new orders index, the ending inventory index, the average inventory turnover index, and the business activity expectations index all increased from the previous month.
Among them, the new orders index rose 3.9 points to 51.9, and demand for warehousing services maintained relatively high growth. Business activity became very active, and the industry as a whole maintained a recovery trend.
By product category, demand in the large-item market has decreased slightly due to seasonal factors, but overall it has remained almost stable.
Demand for warehouses for goods increased, and the number of new orders showed relatively high growth. Accordingly, the utilization rate of facilities at companies remained high.
The business activity expectations index rose 3.9 points to 51.9 in January, turning from a contracting to an expanding one.
The industry was expected to remain buoyant.