From January to October, the national total social logistics amounted to RMB 278.3 trillion, an increase of 4.9 per cent year-on-year, and the growth rate was 0.1 percentage point higher than that of January-September; the growth rate in October was 5.1 per cent, an increase of 0.3 per cent over that of September. From the recent trend, the growth rate of total social logistics is picking up month by month.
From the demand point of view, structural upgrading trend is obvious. In the industrial logistics sub-sector, more than 70% of the total industry logistics growth, growth than in September to further expand the surface, especially equipment manufacturing and other basic areas continue to play a supporting role, industrial logistics recovery momentum has been strongly consolidated. October, the total logistics of equipment manufacturing increased by 6.2% year-on-year, accelerated by 0.7 percentage points compared with the previous month, for three consecutive months, the total logistics of industrial goods to the total contribution of more than 40%. The contribution rate to total industrial logistics exceeded 40%.
In terms of consumption, with the full recovery of the offline consumption scene, the demand for catering, accommodation, retail and other consumer logistics continued to rebound and improve. in October, the national demand for catering-related logistics grew by more than 17% year-on-year, with the growth rate accelerating by 3.3 percentage points from September, accelerating for two consecutive months.
In addition, the synergistic development of new industries and new momentum logistics, driven by the role of the obvious. Driven by the rapid growth of e-commerce live shopping, etc., from January to October, the national online retail sales of physical goods increased by 8.4% year-on-year, accounting for 0.3 percentage points of total retail sales of consumer goods.
Driven by the new industry, the related logistics demand for intelligent consumer goods has expanded simultaneously, driving the logistics demand for intelligent vehicle-mounted equipment manufacturing and intelligent unmanned aerial vehicle manufacturing to grow by more than 50%.
Policy effects appear import logistics demand continues to improve
Since this year, with the gradual emergence of policy effectiveness, import logistics demand continues to improve. Data show that from January to October this year, the total import logistics increased by more than 13% year-on-year.
From January to October, total import logistics grew by 13.5% over the previous year, and by 12.3% in the month of October, still maintaining a high growth rate.
From the flow of view, in October, China's imports to ASEAN improved significantly, with a growth rate of more than 10 per cent. To Russia and Australia and other commodities imports grew at about 10 per cent, to the United States, Japan and other countries, the decline in imports also narrowed.
From the goods category, in October, driven by consumption, grain, soybean, edible oil and other imports grew at a rate of more than 20%. Crude oil, coal and lignite, copper ore and its concentrates and other raw material bulk commodity imports continued to rebound, respectively, up 13.5%, 23.3% and 23.6%.Total revenue of the logistics industry maintained growth and service prices rebounded.
In October, some segments of the logistics industry market regulation mechanism gradually play a role, supply exceeds demand, the situation of overcapacity has improved, the key survey of business volume of enterprises to achieve steady and faster growth.
From January to October, the total revenue of the logistics industry was RMB 10.8 trillion, up 4.0% year-on-year. From the logistics service price point of view, in October, highway, coastal bulk cargo and other segments of supply and demand has improved, part of the region, the price of the line steadily rebounded. On the water transport front, demand for coastal bulk cargo picked up, with prices stopping their decline and picking up. in October, China's Coastal Bulk Freight Index averaged 953.42 points, up 0.2% year-on-year. On the highway side, driven by e-commerce promotions, demand for regional stockpiling and logistics turnaround increased, boosting prices on some key routes, with China's Highway Logistics Freight Index standing at 103.8 points in October, up 0.86 per cent from the previous month.
In addition, from the perspective of key enterprise survey, from January to October, the key survey logistics enterprise logistics business income increased by 7.4% year-on-year, business volume, business income to achieve stable and faster growth. Among them, the bulk commodity supply chain, warehousing and logistics-related business income increased significantly, the growth rate is faster than the average level of more than 3 percentage points.
Experts said that this year, logistics enterprises have enhanced their ability to adjust their operations, actively integrated with various areas of the industrial chain, and diversified their logistics business by expanding their service programmes and service scope.
