Published on: 2026-07-29
Source: People’s Republic of China — Translation
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Beijing, July 29 /Xinhua/ — According to official data published on Wednesday, demand for logistics services in China in the first half of 2026 maintained steady growth, driven by industrial modernization and high-tech manufacturing.
According to data from the China Federation of Logistics and Purchasing (CFLP), from January to June the total value of social logistics in China reached 181.1 trillion yuan (about 26.7 trillion US dollars), increasing by 5.1 percent year-on-year, surpassing the country’s GDP growth rate by 0.4 percentage points over the same period.
The structure of social logistics has undergone significant changes. The demand for logistics services from high-tech manufacturing, advanced equipment, and consumer sectors surpasses the demand in traditional industries, noted Zhou Zhicheng, official representative of CFLZ.
In the first half of the year, the total volume of industrial goods logistics increased by 5.4 percent year-on-year. As China accelerated the cultivation of new quality productive forces, the demand for logistics from high-tech manufacturing and the digital product manufacturing sector increased by 13.3 and 12.3 percent respectively.
As for imports, the transformation of the structure of domestic demand and fluctuations in global commodity prices have changed the demand for logistics services. Imports of crude oil and steel decreased by 11.4% and 11.3% respectively on a year-on-year basis.
At the same time, imports of equipment for the production of semiconductors and integrated circuits increased by 20.4% and 8.1%, respectively, indicating the resilience of demand for intermediate goods used in high-tech manufacturing. -0-
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