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China's logistics sector sees faster expansion in November

Xinhua | Updated: 2023-12-04 10:33
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A photo taken on Oct 16 shows a logistics park at Lanzhou New Area in Lanzhou, Northwest China's Gansu province. FAN PEISHEN/XINHUA

BEIJING - China's logistics sector registered more rapid expansion in November, industry data showed Monday.

The index tracking the country's logistics market performance stood at 53.3 percent last month, up 0.4 percentage points from October, according to the China Federation of Logistics and Purchasing.

A reading above 50 indicates expansion, while a reading below reflects contraction.

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