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China's logistics sector in Dec reaches new high for 2024

China

China

China

China's logistics sector in Dec reaches new high for 2024

2025-01-03 09:23 Last Updated At:11:07

China's logistics business volume continued to rise in December of 2024, with the prosperity index reaching a new high for 2024, indicating a significant increase in logistics activity, according to the China Federation of Logistics and Purchasing on Friday.

In December 2024, the prosperity index of China's logistics industry stood at 53.1 percent, up by 0.3 percentage points from the previous month.

Supported by favorable policies and inherent market dynamics, the total logistics business volume index has risen for five consecutive months.

Business volume indexes have shown balanced growth across the nation, with the eastern region experiencing the most significant climb.

From an industry perspective, there was a notable upturn in logistics demand during the month in sectors such as electrical machinery, semiconductors, communication equipment, transportation equipment, and new energy vehicle manufacturing.

In addition, the potential for residential consumption continues to be released, with stable demand for online shopping.

The total business volume indexes for road transport, water transport, and multimodal transport all showed varying degrees of increase month on month.

Meanwhile, the total business volume indexes for railway transport, air transport, and postal express industries remained above 55 percent, indicating a high level of prosperity.

"Throughout the year of 2024, the prosperity index of China's logistics industry demonstrated a pattern of stability followed by growth, maintaining a steady upward trend in overall logistics operations. The continuous enhancement of logistics service capabilities, characterized by high quality, high efficiency, and high adaptability, plays a crucial foundational role in promoting both domestic and international economic circulation, accelerating the flow of goods, and ensuring the stable operation of the national economy," said Liu Yuhang, director of the China Logistics Information Center.

China's logistics sector in Dec reaches new high for 2024

China's logistics sector in Dec reaches new high for 2024

A veteran agricultural scientist and deputy to the National People's Congress (NPC), China's national legislature, shared his decades-long mission to reduce the country's reliance on food imports and safeguard its food security by developing high-yield, disease-resistant wheat varieties.

Gao Derong, a researcher from the Lixiahe Regional Institute of Agricultural Sciences in east China's Jiangsu Province, detailed his relentless pursuit of better wheat varieties while taking a question at a press conference on the sidelines of the ongoing "two sessions", a major event in China's political calendar.

He has dedicated more than 30 years to wheat breeding and succeeded in the fight against Fusarium head blight, a serious fungal disease of cereals, including wheat and other small-grain crops, by implanting "disease-resistant genes" inside seeds.

"After 30 years of countless and repeated trials, we finally developed our first Fusarium head blight resistant variety in 2021. It exhibits strong disease resistance and high yield, with a yield of up to 600 kg per mu (0.066 hectare) in a demonstration plot. This means farmers can use fewer pesticides, produce more wheats, and secure a more stable harvest," said Gao.

Addressing the tight rotation schedule in the rice-wheat rotation system in south China, his team developed time-smart varieties like "Yangmai 25," which can be sown as late as December and still achieve a yield of 6,00 kg per mu.

"We have also cultivated a high-quality weak-gluten wheat variety tailored for biscuits and pastries, reversing China's long-standing reliance on imports. These grain varieties, like elite guard teams, help us hold our rice bowl firmly and contribute to securing our food security," Gao said.

As an NPC deputy, Gao extends his research from the lab to the field, gathering farmers' concerns alongside experimental data.

"My duty as a deputy is also written in the fields. 'Can we construct high-standard farmland at an accelerated pace?' 'Can we have more targeted agricultural subsidies?' These are the voices I often heard in the fields, which I carefully recorded like experimental data and transformed into suggestions," he said. Gao said he will continue working to enable the land to yield more grain, help farmers increase their incomes, and contribute to ensuring national food security.

This year's "two sessions," the annual meetings of China's top political advisory body and national legislature, opened in Beijing Wednesday and Thursday, respectively. As the world's second-largest economy embarks on the inaugural year of its 15th Five-Year Plan (2026-2030) period, these gatherings will serve both as a review of past achievements, and as a strategic compass guiding the nation's future development.

NPC deputy vows to fortify China's food security through seed innovation

NPC deputy vows to fortify China's food security through seed innovation

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