China Federation of Logistics and Purchasing: Our country remains the largest market for global logistics demand

On November 16th, Jin10 Data reported that a relevant person in charge of the China Federation of Logistics and Purchasing introduced at the 2024 China Logistics Academic Annual Conference that China remains the largest market for logistics demand globally. The logistics enterprise group has initially taken shape, and the logistics industry is transitioning from rapid expansion in scale to a new stage of improving quality and efficiency. It was introduced that China is still the largest market for logistics demand globally. There are more than 10,000 A-level logistics enterprises, and over 2,700 large-scale logistics parks. The operational system of "channels + hubs + networks" has initially formed. New technologies, new models, and new business formats are continuously emerging, with smart logistics leading industry innovation and development. In the first three quarters of this year, the ratio of total social logistics costs to GDP was 14.1%, a decrease of 0.1 percentage points compared to the first half of the year, and a decrease of 0.2 percentage points compared to the same period last year, indicating a steady reduction in overall social logistics costs