China's logistics sector declined mildly in July due to weather, but prosperity index remains above 51%.

China's logistics sector experienced a mild decline in July due to adverse weather conditions, but the prosperity index remains above the threshold indicating sectoral health at 51%. Sub-indexes for total business volume, new orders, fixed asset investment completion, and business activity expectations all point to growth. Despite the heatwaves and floods, the trillion-dollar logistics market continues to perform well, with the road and railway transport sectors providing stability.

August 05, 2024
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