China's e-commerce logistics activities expand in February-Xinhua

China's e-commerce logistics activities expand in February

Source: Xinhua

Editor: huaxia

2022-03-05 14:47:13

BEIJING, March 5 (Xinhua) -- China's e-commerce logistics sector posted steady growth in February as the Beijing Winter Olympics boosted demand for consumption, industry data showed.

The index tracking e-commerce logistics activities stood at 108.9 points in the period, up 0.3 points from January, according to a survey jointly undertaken by the China Federation of Logistics and Purchasing and e-commerce giant JD.com.

Total demand for e-commerce logistics expanded last month in comparison with the same period of past years, with the sub-index tracking total business volume rising 3 points year on year.

The Winter Olympics triggered rapid growth in demand for winter sports clothing and equipment as well as Olympic merchandise, which effectively stimulated demand for e-commerce logistics in February, said the survey.

It predicted further expansion of e-commerce logistics activities in March driven by a continuous increase in demand and the recovery of supply as logistics employees fully resume work. ■