China's total logistics value expands in Jan-April

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The latest official data shows the total value of goods transported by China's logistics services increased 5.9 percent in the January-April period to 68 trillion yuan (10.4 trillion US dollars), compared to the same period a year ago.

Official data shows the total value of goods transported by China's logistics services increased 5.9 percent in the January-April period. [File Photo: jctrans.com]

Official data shows the total value of goods transported by China's logistics services increased 5.9 percent in the January-April period. [File Photo: jctrans.com] 

The growth rate was 0.1 percentage points lower than in the first quarter.

The Federation of Logistics and Purchasing said market structure continued to improve although logistics growth pace slowed down.

In the meantime, the total value of industrial products transported by logistics services grew 6 percent in April, down 0.8 percentage points from the previous month.

The logistics demand for the mining and high energy-consuming sectors slowed down while that for the hi-tech industry kept a rapid growth pace.

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