Employees arrange deliveries at a courier firm facility in Huzhou, Zhejiang province, on Feb 8. (PHOTO / XINHUA)
BEIJING – China's e-commerce logistics sector reported moderate growth last year, according to an industry survey jointly undertaken by the China Federation of Logistics and Purchasing and e-commerce giant JD.com.
The survey showed that the index tracking e-commerce logistics activities averaged 110.3 points in 2021, up 2.4 percentage points from the previous year and was close to the 2019 average.
The total demand for e-commerce logistics rose relatively fast last year, with the sub-index tracking the total business volume coming in at 126.6 points, up 3.4 percentage points from 2020
ALSO READ: Couriers reap rich harvest in January
The total demand for e-commerce logistics rose relatively fast last year, with the sub-index tracking the total business volume coming in at 126.6 points, up 3.4 percentage points from 2020.
The business volume in rural areas maintained its growth momentum, with the sub-index standing at 125.9 points on average in 2021, up 7.6 points from the previous year.
In December last year, the index tracking e-commerce logistics activities stood at 108.8 points, down 0.7 percentage points from that in November.
The survey predicted that e-commerce logistics demand will recover in the near term as the Spring Festival holiday approaches.
READ MORE: JD.com seeks to spin-off logistics arm in separate HK listing