Logistics hold steady in January
Print Edition
CHINA’S logistics activity remained stable in January as the economy showed signs of stabilizing, according to an industry report.
The logistics performance index for January came in at 52.5, down 3.5 points from a month earlier, the China Federation of Logistics and Purchasing said.
A reading above 50 percent indicates expansion from the previous month, while a reading below indicates contraction.
He Hui, deputy director of the China Logistics Information Center, attributed the decline to the influence of Spring Festival, but also stressed that the sector was stable, as the index was above 50 percent.
The federation began collecting LPI data from more than 300 logistics companies in December, 2011.
This year, positive changes and bright spots continue to grow in the Chinese economy, a sign the economy is stabilizing amid an uncertain global outlook.
Manufacturing has expanded for the sixth consecutive month. The manufacturing purchasing managers’ index was 51.3 in January, the National Bureau of Statistics said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
