Download
China remains world's largest logistics market for 7 straight years: industry data
CGTN

Translating...

Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.

Staff sorting packages in a facility in Fuyang City, Anhui Province, China, February 1, 2023. /CFP
Staff sorting packages in a facility in Fuyang City, Anhui Province, China, February 1, 2023. /CFP

Staff sorting packages in a facility in Fuyang City, Anhui Province, China, February 1, 2023. /CFP

China maintained its position as the world's largest logistics market for the seventh consecutive year in 2022, industry data showed.

Total revenue of the country's logistics sector came in at 12.7 trillion yuan ($1.82 trillion) last year, according to the China Federation of Logistics and Purchasing.

Social logistics expanded to 347.6 trillion yuan in 2022, the data revealed.

China's top 50 logistics companies raked in about 2 trillion yuan in revenue last year, the federation noted, saying that a batch of internationally competitive enterprises have started to emerge in the market.

To build a modern logistics system, China should work on the digital transformation of its logistics infrastructure, including railways and ports, and promote the integration of resources in the sector, the federation said.

Source(s): Xinhua News Agency

MORE FROM CGTN

{"type":2,"value":"CGTN","commentator":[{"id":407,"name":"Gong Zhe","photograph":"https://news.cgtn.com/editor/2020-09-28/43/image/1601277199374.png","url":"https://www.cgtn.com/stars/Gong-Zhe.html"}],"valueShow":false,"commentatorShow":true}

Technology

14:52, 19-Mar-2025

People enjoy coffee amid blossoming rapeseed flowers in Yichang
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Culture

08:42, 19-Mar-2025

Event on China's development, China-Türkiye ties held in Ankara
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

China

06:39, 19-Mar-2025

Traditional Qingming rice cakes get a colorful twist
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Culture

06:23, 19-Mar-2025

TOP NEWS

Xi's inspection tour in Guizhou spotlights high-quality development
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

China

10:55, 18-Mar-2025

Stable China-U.S. trade ties will benefit global firms: vice minister
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

China

09:03, 19-Mar-2025

Russia, Ukraine swap hundreds of POWs each in latest exchange
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Europe

13:43, 19-Mar-2025

Search Trends