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China's logistics industry sustained the recovery momentum in the first half of the year as market demand rose modestly, industry data showed. |
During the period, social logistics rose 4.8 percent year on year to 160.6 trillion yuan in value, according to the data released by the China Federation of Logistics and Purchasing. |
Logistics for industrial products went up 3.8 percent year on year during the period, 0.8 percentage points higher than that of the first quarter, the data showed. |
Total revenue of the logistics industry rose 5.3 percent year on year to 6.3 trillion yuan during the period, according to the data. |
Despite the challenges ahead, the federation remains confident about the sector's growth prospects for the entire year, citing its huge potential and strong resilience. |
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