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Improving key indicators in China's logistics sector signal healthier supply-demand dynamics: expert

China

China

China

Improving key indicators in China's logistics sector signal healthier supply-demand dynamics: expert

2025-06-03 17:26 Last Updated At:23:47

The overall stability in both the freight rates and the performance of microeconomic entities in China's logistics sector during the first four months of 2025 indicates continued improvement of the supply-demand structure in the country, according to a Chinese expert in the industry.

Liu Yuhang, director for the China Logistics Information Center, said in an interview with China Central Television (CCTV) that positive changes of major indicators, including both the coastal bulk freight index and the road logistics price index, as well as increased revenue reported by key logistic enterprises, pointed to healthier supply and demand dynamics in the January-April period.

According to data released by the China Federation of Logistics and Purchasing on Tuesday, the total revenue of the country's logistics sector reached 4.4 trillion yuan (about 610 billion U.S. dollar) in the first four months, up 4.7 percent from the same period last year.

April saw general stabilization and slight improvement in logistics prices, with the composite coastal bulk freight averaging at 1,052.13, a month-on-month increase of 0.1 percent, while the road logistics price index standing at 105, which was 0.23 percent higher from March, indicating increased demand for both maritime and road freight transport.

Key microeconomic entities in the sector also maintained stable operations in the four-month period, with their combined revenue growing by 7.3 percent year on year. In total, they received 22 percent more orders than the same period of 2024 across the supply chains, demonstrating strong resilience in face of external uncertainties.

"Further improvement in the supply and demand environment and structure brought about more orders for logistic enterprises and drove growth in their revenue and profits," Liu said.

Improving key indicators in China's logistics sector signal healthier supply-demand dynamics: expert

Improving key indicators in China's logistics sector signal healthier supply-demand dynamics: expert

China Media Group (CMG) held a symposium in Beijing on Tuesday to mark the 85th anniversary of the founding of the people's radio broadcasting.

Representatives of current and veteran radio hosts, scholars, and audience exchanged views on ways to promote cultural excellence and advance media integration.

The meeting noted that over the past 85 years, the people's radio broadcasting has developed in step with the nation and responded to public expectations.

China has accelerated high-quality development and innovation in radio broadcasting since the 18th National Congress of the Communist Party of China (CPC) in 2012.

In recent years, China has pursued reform and innovation in radio broadcasting within the integrated framework of CMG, which was established in 2018. The sector has achieved a historic leap, featuring enriched content, diversified channels, deepened media convergence, and stronger influence in public opinion.

China commenced the people's radio broadcasting 85 years ago as Yan'an Xinhua Radio Station started broadcasting on Dec 30, 1940. In September 1947, Yan'an Xinhua Radio Station launched its first English program. It moved to Beijing in March 1949 and became a national radio after the founding of the People's Republic of China.

CMG holds symposium to mark 85th anniversary of founding of people's radio broadcasting

CMG holds symposium to mark 85th anniversary of founding of people's radio broadcasting

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