Global EditionASIA 中文双语Français
Business
Home / Business / Industries

China's transportation services speed up recovery in May

Xinhua | Updated: 2020-06-15 17:19
Share
Share - WeChat
A heavy-duty truck transports containers at a foreign trade container terminal in Qingdao, East China's Shandong province, on April 15, 2020. [Photo/Xinhua]

BEIJING - China's cargo transport industry reported growth last month as business activities further resumed, industry data showed.

The China Transportation Services Index (CTSI) stood at 144.6 points last month, down 16.5 percent year-on-year, according to the China Academy of Transportation Sciences.

The decrease was 5.4 percentage points lower than that recorded in April.

The subindex for cargo transport ticked up by 0.8 percent year-on-year last month, a sign of recovery from the contraction in the first four months.

Meanwhile, shrinkage in passenger transport further narrowed, with the subindex of passenger transport down 49.2 percent, narrowing by 12 percentage points from April.

The CTSI incorporated the transport volume of passengers and cargo of various transportation means including railways, highways, waterways and civil aviation. With 2010 as the base year and 100 points as the base value, the index includes passenger transport and cargo transport as two subindices.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE