China Federation of Logistics and Purchasing announced the logistics industry prosperity index for October today.

The index continues to improve within the expansion range of over 50%, indicating a continuous increase in the level of logistics industry prosperity as demand continues to grow.

The logistics industry prosperity index for China in October was 52.6%, up 0.2 percentage points compared to the previous month.

Industrial products, consumer goods, bulk materials, and other logistics demands have all shown some recovery. In the industrial products logistics sector, demand for communications equipment, furniture and home appliances, and new energy vehicles has shown good momentum.

Driven by holiday factors and consumption promotion policies, logistics demand from residents remains stable, offline trade wholesale market circulation is accelerating, and online shopping activities are booming.

To cope with the surge in orders during the November 11 shopping festival-related period, major express delivery companies have brought out their strategies. Judging from the fulfillment of the first wave of orders, the digital collaboration, asia vets upgrade, and refined services of express logistics at all ports of the logistics loop have become important means to ensure the smooth flow of logistics during the November 11 shopping festival.

According to the monitoring data of the State Post Bureau, from October 21st to 23rd after the start of the November 11 shopping festival, the national postal express industry received approximately 1.92 billion parcels, a year-on-year increase of 48.7%; delivered approximately 1.655 billion parcels, a year-on-year increase of 29.5%.

Logistics express-related leading enterprises:

JD.com Logistics (02618), ZTO Express-W (02057), SF Same City (09699), Jitu Express (01519), ANE Logistics (09956), etc.