China’s logistics market expands in Jan-Nov

BEIJING: China’s logistics market continued to expand in the January-November period this year, despite the sporadic resurgence of COVID-19 cases, data from the China Federation of Logistics and Purchasing showed Tuesday. The total value of goods in the logistics sector was 288.8 trillion yuan in the 11-month period, rising 9.7 percent year on year. The logistics demand for imports has been improving. Though the import logistics shrank 0.2 percent year on year in the past 11 months, it rebounded in November with a year-on-year growth of 8.9 percent. –Agencies