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China's logistics sector sees stable growth in first 9 months
Updated: November 5, 2022 16:49 Xinhua

BEIJING — China's logistics sector reported steady growth in the first nine months of 2022, according to an industry report.

Social logistics rose 3.5 percent year-on-year to about 247 trillion yuan (about $34.04 trillion) in the January-September period, said the China Federation of Logistics and Purchasing.

Logistics for industrial products went up 3.9 percent to 218.5 trillion yuan year-on-year in the first nine months.

The total revenue of the logistics industry rose 5.9 percent year-on-year to 9.3 trillion yuan during this period.

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