The China Federation of Logistics and Purchasing today released the China Logistics Industry Sentiment Index for October. The index continues to expand, with new orders picking up month-on-month, but regional trends are clearly diverging. In October, China's logistics industry sentiment index was 51.2%, down 0.3 percentage points from month to month, and continued to expand. Various sub-items such as the Total Business Volume Index, New Order Index, Capital Turnover Index, Fixed Asset Investment Completion Index, Employee Index, and Business Activity Expectations Index were in the boom range. The capital turnover ratio, fixed asset investment completion amount, and employee index rebounded month-on-month. By region, the total business volume index for the eastern, central and western regions was 51.1%, 50.8%, and 51.4%, respectively, all of which declined somewhat from month to month. The new orders index was 51.5%, up 0.3 percentage points from month to month. Regional differentiation characteristics were prominent. New orders from central and western regions rebounded month-on-month, and new orders from the east fell month-on-month.

The China Federation of Logistics and Purchasing today released the China Logistics Industry Sentiment Index for October. The index continues to expand, with new orders picking up month-on-month, but regional trends are clearly diverging. In October, China's logistics industry sentiment index was 51.2%, down 0.3 percentage points from month to month, and continued to expand. Various sub-items such as the Total Business Volume Index, New Order Index, Capital Turnover Index, Fixed Asset Investment Completion Index, Employee Index, and Business Activity Expectations Index were in the boom range. The capital turnover ratio, fixed asset investment completion amount, and employee index rebounded month-on-month. By region, the total business volume index for the eastern, central and western regions was 51.1%, 50.8%, and 51.4% respectively, all of which declined somewhat from month to month. The new orders index was 51.5%, up 0.3 percentage points from month to month. Regional differentiation characteristics were prominent. New orders from central and western regions rebounded month-on-month, and new orders from the east fell month-on-month.