Wednesday, October 22, 2014   

China's logistics sector up in September
(10-08 17:40)

China's logistics industry expanded faster in September compared with the previous month, the China Federation of Logistics and Purchasing (CFLP) said on Tuesday.
The logistics performance index (LPI) for September rebounded to 53.3, up 0.4 points from August, according to the CFLP data.
A reading above 50 indicates expansion from the previous month; below 50 indicates contraction.
He Hui, deputy director of the China Logistics Information Center, said the rebound indicated improving demand and more active supply-chain activities.
The federation began collecting LPI data from more than 300 logistics companies in December 2011. Since then, the index has stayed above 50. --Xinhua

   
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