China logistics index falls 0.3 points to 50.5 in July from previous month - Chinese media

The China Logistics Purchasing Federation announced the July China Logistics Industry Profit Index on the 5th. According to the published data, the July logistics industry profit index was 50.5, down 0.3 points from the previous month.
The index exceeded 50, the dividing line between economic expansion and contraction. Despite adverse conditions such as bad weather and meteorological disasters, logistics demand remains resilient, and the total business volume index remains at 100%.
By industry, the total home delivery business volume index for the e-commerce (EC) industry remained at a high level at 69.3. The total business volume index for the air transport industry increased by 0.8 points from the previous month.
The index rose to 52.8 points. In addition, the road transport and rail transport industries are also doing well, and the total business volume index is rising. The index of new orders for logistics companies rose from the previous month. By region, the eastern
The new orders index rose in the central and western regions, while the new orders index fell in the central region due to localized heavy rains and continuing high temperatures.
This year, large-scale project investments have been implemented in stages.
This has accelerated the progress of logistics infrastructure construction, and the index of completed fixed asset investment in the logistics industry has maintained an upward trend.