China logistics first quarter logistics operation data released

1 supply chain coordinated recovery, industrial logistics fundamentals were stable, in the first quarter, the total amount of industrial logistics increased by 3.0% over the previous year, up 0.3 percentage points from the fourth quarter of last year. From January to February and March, it increased by 2.4% and 3.9% respectively, and the growth rate rebounded for two consecutive months, and the growth rate accelerated. From the structural point of view, the logistics demand support foundation in the industrial field is stable, more than 50% of the industries maintain growth, and the fundamentals are stable and well oriented. Among them, the total amount of equipment manufacturing logistics increased by 4.3% year-on-year, the contribution rate to industrial logistics exceeded 40%, transportation equipment manufacturing logistics increased by more than 5%, and electrical machinery manufacturing logistics increased by more than 10%. The flow of green products continued to expand, with the flow of new energy vehicles and solar cells increasing by 22.5% and 53.2% respectively. At the same time, the logistics demand of upstream raw material industry has rebounded synchronously. In March, the growth rate of raw material manufacturing logistics demand was 0.9 percentage points faster than that in January February. On the whole, the upstream and downstream are recovering together, and the logistics in the industrial field are generally warming up.

2 Minsheng consumer logistics continued to improve, catering logistics rebounded in the first quarter, and under the influence of consumption promotion policies, the total logistics of units and residents increased by 5.9% year-on-year. Among them, e-commerce logistics rebounded steadily, with online retail sales of physical goods increasing by 7.3% year-on-year, 2 percentage points faster than that in January February; The proportion of total social logistics increased by 0.03 percentage points compared with January February, and continued to maintain a good momentum of development. From the perspective of e-commerce logistics index, the supply and demand sides rebounded steadily in March, and the total e-commerce logistics index has rebounded to more than 108 points, close to the highest value of 108.9 points in 2022. The total business volume of e-commerce logistics and rural e-commerce business volume have increased, of which the rural e-commerce business volume index has doubled compared with February. Catering logistics demand rebounded. In the first quarter, the logistics demand in the catering sector increased by about 13%. According to the survey of China Logistics Information Center, the physical volume of hall food, takeout and cold chain transportation served by key logistics statistics enterprises has increased significantly, the logistics demand of Hall Food and catering has increased by 20-30% year-on-year, takeout catering orders have increased by 30-40%, the cold chain transportation business volume has increased by more than 10%, and the unit price and turnover rate of hall diners have increased significantly.

3 international logistics started steadily and well, imports and exports went hand in hand, and in the first quarter, under the comprehensive factors of domestic demand recovery and low base in the same period, the growth of import flow rebounded rapidly. The total import logistics volume increased by 11.9% year-on-year at comparable prices, 11.6 percentage points higher than that in the fourth quarter of last year, 20.3% year-on-year in March, 12.5 percentage points higher than that in January February, and the growth rate showed a trend of monthly expansion. Among the key import categories, the total import logistics of bulk energy products such as crude oil, iron ore and coal accounted for nearly 20%, up 9.1% year-on-year, the import logistics of coal nearly doubled year-on-year, and the import flow of iron ore and crude oil increased by about 6-10%; The total import logistics of consumer goods increased by 6.9%, of which the import logistics of meat and edible aquatic products increased by more than 17% year-on-year. With the help of a series of stable foreign trade policies such as financing and tax reduction, the adjustment of foreign trade export logistics structure has been accelerated. In the first quarter, the export logistics volume of mechanical and electrical products and labor-intensive products increased, especially the export flow of automobiles and ships increased by about 50%.