The activity of China's e-commerce logistics market has significantly increased
On January 7th, the China Federation of Logistics and Purchasing and JD Group jointly released the 2024 China E-commerce Logistics Index. The data shows that the average e-commerce logistics index in China in 2024 is 113.7 points, an increase of 3.6 points compared to 2023, setting a new high in nearly 7 years. This data indicates that the scale of China's e-commerce logistics market continues to expand, supply capacity and service level have significantly improved, and market activity has significantly increased.
From the demand side, thanks to the thriving online consumer market during the New Year holiday, the total business volume index maintained an increase of over 30%. Hu Han, Director of the Logistics Statistics Department of China Logistics Information Center, introduced that in December 2024, the e-commerce logistics index achieved a trend of "nine increases and three decreases", and set a new high in November for nearly seven years. In the sub indices, the annual average of the performance rate index, personnel index, satisfaction rate, and actual load rate index have also reached a new high since 2018.
He Hui, vice president of China Federation of Logistics and Purchasing, said that the total business index, inventory turnover index, capital turnover index, equipment utilization index, fixed assets investment completion index and employee index were all in the expansion range, showing the strong development momentum of the logistics industry.
Looking ahead to 2025, with the continuous promotion of policies and the continuous development of the market, it is expected that China's e-commerce logistics industry will continue to maintain steady growth. From the perspective of the overall logistics industry, China's social logistics demand is expected to be boosted, logistics operations will maintain a moderate growth trend, and the logistics costs of the whole society are expected to steadily decrease, helping the economy to continue to recover and improve.