Skip to Content Facebook Feature Image

China's logistics sector posts steady growth in first 2 months

China

China

China

China's logistics sector posts steady growth in first 2 months

2026-03-27 15:16 Last Updated At:18:27

China's logistics sector got off to a solid start in the first two months of 2026, with steady growth in social logistics volume, according to data released on Friday by the China Federation of Logistics and Purchasing.

The data shows that China's social logistics volume reached 58.6 trillion yuan (around 8.5 trillion U.S. dollars) from January to February, up 6.7 percent year on year at comparable prices, marking a notable recovery.

In terms of structure, domestic production and consumption logistics improved in tandem with international import logistics demand, with growth accelerating across all sectors compared to the same period last year.

Industrial products logistics volume grew 6.3 percent year on year in the first two months, contributing over 80 percent to the overall growth of social logistics volume, while high-end equipment manufacturing sectors, including computers, communications and other electronic equipment, as well as railway, shipbuilding and aerospace, all posted growth rates exceeding 10 percent.

"A notable rebound in logistics demand was observed, along with continued structural improvements. The foundation for a favorable start to logistics operations is being further strengthened," said He Hui, vice president of the China Federation of Logistics and Purchasing.

In addition, the total logistics volume for corporate and household goods grew by 9.4 percent year on year in the first two months of the year, as new business forms such as instant-delivery online retail flourished, effectively driving robust growth in new types of consumption logistics demand.

China's logistics sector posts steady growth in first 2 months

China's logistics sector posts steady growth in first 2 months

China's logistics sector posts steady growth in first 2 months

China's logistics sector posts steady growth in first 2 months

China's logistics sector posts steady growth in first 2 months

China's logistics sector posts steady growth in first 2 months

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 5 pips to 6.8431 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan weakens to 6.8431 against USD Wednesday

Chinese yuan weakens to 6.8431 against USD Wednesday

Recommended Articles