A truck loaded with mechanical equipment prepares to leave for Ningxia Hui Autonomous Region at a logistics center in Liuzhou, south China's Guangxi Zhuang Autonomous Region, March 12, 2025.
The CFLP data indicates that industrial product logistics, comprising over 80 percent of total logistics volume, rose by 5.9 percent year-on-year, driving overall demand. High-tech manufacturing and new energy sectors, including new-energy vehicles, intelligent equipment, and photovoltaic devices, saw significant logistics demand growth, highlighting improvements in China’s industrial structure. Liu Yuhang, director of the China Logistics Information Center, noted: “Logistics demand for products such as new-energy vehicles, intelligent manufacturing equipment, and photovoltaic devices witnessed rapid growth.”
Government initiatives, such as equipment renewal and consumer goods trade-in programs, boosted related logistics demand. For instance, logistics for general equipment manufacturing grew by 9.4 percent, and special equipment manufacturing by 4.1 percent year-on-year. Consumer goods logistics also expanded, with communication equipment, household appliances, and furniture retail logistics increasing by 26.9 percent, 19.3 percent, and 18.1 percent, respectively.
Emerging e-commerce sectors, including instant retail and livestreaming, fueled online consumption logistics, with online retail sales of goods rising 5.7 percent year-on-year, a 0.7 percentage point improvement over January-February. Hu Qimu, deputy secretary-general of the Digital-Real Economies Integration Forum 50, stated: “The accelerated growth pace reflects the sustained recovery of the domestic economy and heightened economic vitality. This positive trend will significantly boost market confidence.”
Logistics efficiency improved, with total logistics costs dropping 0.3 percent year-on-year. Key logistics enterprises reported a 6 percent year-on-year revenue increase, up 0.4 percentage points from the first two months, maintaining a stable profit margin of approximately 3 percent through intelligent upgrades and enhanced management. The CFLP noted: “Since March, logistics has shown robust growth across most sectors.”
The strong performance in high-tech and consumer goods logistics reflects the effective implementation of innovation and policy measures, contributing to economic growth. The CFLP anticipates continued expansion of logistics volume in the first half of 2025, supporting China’s economic resilience and market vitality.
