China's Logistics Sector Continues Upward Trajectory, Reflecting Economic Momentum

China’s Logistics Sector Continues Upward Trajectory, Reflecting Economic Momentum

In a noteworthy reflection of economic vitality, China’s logistics market witnessed substantial progress and improvements in the past year, propelled by a resilient economic recovery and emerging growth drivers. The China Federation of Logistics and Purchasing reported that the annual average logistics performance index for 2023 stood at 51.8, surpassing the expansion-contraction line of 50…