China's cold-chain logistics sector saw steady expansion in 2024, driven by the continuous release of consumer demand, industrial data showed Monday.
China's total demand for cold-chain logistics reached over 365 million tons in 2024, a year-on-year increase of 4.3 percent, according to the China Federation of Logistics and Purchasing (CFLP).
The annual total revenue of cold chain logistics in 2024 logged 536.1 billion yuan (about 73.19 billion U.S. dollars), a year-on-year increase of 3.7 percent, according to the CFLP.
The sector was in a volatile development trend of moving forward under pressure, and was gradually stabilizing and recovering, according to a CFLP official.
"The diverse demands of consumers for fresh products and their need for immediate consumption have driven the development of the fresh cold-chain sector. Additionally, as consumers place greater emphasis on food safety, large-scale catering delivery has also seen significant growth," said Qin Yuming, secretary-general of the Cold Chain Logistics Committee of the CFLP.
Since the third quarter of 2024, driven by the catering industry and fresh food e-commerce, the overall growth rate of cold-chain logistics has rebounded. In 2024, the annual catering revenue was over 5.57 trillion yuan, a year-on-year increase of 5.3 percent, according to the National Bureau of Statistics.
In addition, the sector also showcased a clear green transformation trend. In 2024, the sales volume of new energy refrigerated trucks reached 21,368 units, a year-on-year increase of 350.8 percent; and the penetration rate of new energy refrigerated trucks was 33.9 percent, an increase of 25.2 percentage points year on year.
China's cold-chain logistics sector sees steady growth in 2024
Chinese Premier Li Qiang emphasized advancing agricultural modernization and ensuring food security when making investigation in northeast China's Heilongjiang and Jilin provinces from Monday to Wednesday.
In Heilongjiang Province, Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, visited a state farm and observed the growth of soybean, corn, and rice crops. He stressed that autumn grain accounts for the bulk of annual output, calling for stepped-up farmland management and policy support to ensure grain harvest.
Visiting an agricultural science park and a rice research institute, Li asked about seed breeding innovation and black soil conservation, highlighting the importance of science and technology in pursuing higher yields and calling for further efforts in seed breeding, advanced machinery, and smart farming.
At a major water conservancy project, Li reviewed construction progress, urging faster completion to improve flood control, irrigation, and ecological benefits while supporting stable, high-yield harvests.
In Jilin Province, Li visited an agricultural cooperative and learned about its operations. He called for developing diverse forms of appropriately scaled agricultural operations and improving services for agriculture to help smallholders connect with modern agriculture.
At a grain processing plant, Li inspected a corn oil production line and called for boosting intensive processing of agricultural products to extend industrial chains and raise value.
Li also visited the Chagan Lake and learned about the ecological fisheries. He called for actively developing modern eco-aquaculture, promoting integrated development of the farming, forestry, livestock, and fishing industries as well as the development of eco-tourism.
Chinese premier stresses agricultural modernization, food security
