Wedoany.com Report-Dec.30, On December 30, the China Federation of Logistics & Purchasing released logistics operation data for the period from January to November this year.

Data shows that China's logistics operations remained generally stable, with service quality and efficiency continuously improving. From January to November, the national total social logistics volume reached 331.2 trillion yuan, representing a year-on-year growth of 5.0% calculated at comparable prices, with a 4.5% growth in November alone. From a production perspective, the total logistics volume of industrial products increased by 5.2% year-on-year from January to November, with a 4.7% growth in November. The growth momentum in the industrial logistics sector remained stable, with nearly 70% of major industrial industries maintaining year-on-year growth. From a consumption perspective, the total logistics volume for goods related to units and residents grew by 5.8% year-on-year from January to November. Emerging consumer logistics flourished, with instant retail and live-streaming e-commerce experiencing rapid growth. Online retail sales of physical goods increased by 5.7% year-on-year cumulatively from January to November. Green logistics has become a new growth driver for the industry, with the total logistics volume of renewable resources surging by 14.7% year-on-year from January to November, maintaining high-speed growth throughout the year.