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Road logistics price index increases slightly in February

China

China

China

Road logistics price index increases slightly in February

2025-03-05 17:44 Last Updated At:18:27

China's road logistics price index stood at 104.8 in February 2025, up 2.21 percent year on year, according to industry data released on Wednesday.

The slight increase was driven by the recovery of supply and demand after the Spring Festival period, said the China Federation of Logistics and Purchasing (CFLP) report.

Across different vehicle types, all sub-indices recorded year-on-year increases.

Notably, the full-truckload index, which mainly measures bulk commodity and regional transportation, reached 105.3 points, up 2.55 percent from February last year. With the steady progress of work and production resumption after the Spring Festival, transportation capacity also increased, showing a rapid recovery trend, which contributed to maintaining the road logistics price index at a good level.

As for the future trend, with the continued consolidation of the economic operating foundation, enterprises' expectations for the market will increase, and market demand will maintain a recovery trend, so the road logistics price index is also expected to rise slightly.

Road logistics price index increases slightly in February

Road logistics price index increases slightly in February

Chinese Foreign Minister Wang Yi said on Monday that the sovereignty, security and territorial integrity of all countries should be respected, and all acts of attacking civilians and non-military targets should be condemned.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks in a phone conversation with Bahraini Foreign Minister Abdullatif bin Rashid Al Zayani.

Zayani briefed Wang on the regional situation and the Bahraini position, saying that Bahrain has always been a peace-loving country and should not be subject to unlawful attacks.

The Bahraini side expressed its appreciation and gratitude for China's just stance while voicing its willingness to work with Gulf countries and China to strengthen communication and coordination at both bilateral and multilateral platforms, including the United Nations, so as to achieve regional peace and stability at an early date.

Bahrain will continue to take strong measures to safeguard the security of Chinese personnel and institutions, he said.

For his part, Wang said that the situation in the Gulf region is rapidly escalating and the security of Bahrain has also been compromised, which is of deep concern to China.

China's position is consistent and clear: the sovereignty, security, and territorial integrity of all countries should be respected, and attacks on civilians and non-military targets should be condemned, he said.

The top priority is to immediately cease military operations to prevent the further spread of conflicts, Wang said.

The path to a breakthrough lies in returning to dialogue and negotiation as soon as possible, so as to strive to restore peace, he said, adding that the lasting solution is an unwavering commitment to jointly abide by international law and the fundamental norms of international relations.

As a strategic partner of the Gulf countries and a responsible major country, China has been actively promoting peace and stopping wars, Wang said.

The Chinese government's special envoy on the Middle East issue is currently shuttling through the region for visits and will also visit Bahrain, he said, adding that China will continue to play a constructive role in safeguarding peace and stability in the Gulf region.

Wang also expressed hope that the Bahraini side will continue to ensure the safety of Chinese citizens and institutions in Bahrain.

Chinese FM says all acts of attacking civilians, non-military targets should be condemned

Chinese FM says all acts of attacking civilians, non-military targets should be condemned

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