China's road logistics price index showed a slight recovery and sustained market activity in August, according to data released Saturday by the China Federation of Logistics and Purchasing.
Driven by steady growth in both production and consumer markets, the index stood at 105.1 points in August, up 0.01 percent month on month and 0.8 percent year on year.
Meanwhile, the full-truckload freight index, which primarily tracks bulk commodity and regional transportation, rose to 105.6 points, up 0.01 percent month on month and 1 percent year on year. Regional data pointed to growth in freight indexes in northeastern and central China, as well as the Shandong Peninsula and the Yangtze River Delta.
Looking ahead, companies are more confident in future market prospects, suggesting that the road logistics sector is likely to remain active, with the price index expected to continue its modest recovery.
China's road logistics price index shows slight recovery in August
Canadian Prime Minister Mark Carney arrived in Beijing on Wednesday for an official visit to China through Saturday.
This visit marks the first trip to China by a Canadian Prime Minister in eight years.
When briefing on the visit of Carney, a Chinese foreign ministry spokesperson said President Xi Jinping will meet with the Canadian prime minister to provide new strategic guidance for further improving and developing China-Canada relations.
Chinese Premier Li Qiang and Chairman of China's National People's Congress Standing Committee Zhao Leji will hold separate talks and meetings with the Canadian prime minister to conduct comprehensive and in-depth exchanges on bilateral relations as well as issues of mutual interest.
The spokesperson said China looks forward to taking this visit as an opportunity to enhance dialogue and communication, increase political mutual trust, expand practical cooperation, properly manage differences, address each other's concerns and consolidate the momentum of improvement in China-Canada relations to bring greater benefit for the two peoples.
Canadian PM arrives in Beijing for official visit
