Briefly

Warehouse storage growth up in April

The warehouse storage sector continued its expansion in China in April, with the growth rate picking up from the previous month. The index tracking the sector's development rose 2.3 percentage points over the previous month to 55 percent in April, according to a survey jointly released by the China Federation of Logistics and Purchasing and CMST Development Co Ltd. As China's economy continues its stable recovery, business activities in the warehouse storage sector saw an apparent expansion, according to the survey.

E-commerce logistics sector fares well

China's e-commerce logistics sector reported moderate growth in April, according to an industry survey jointly conducted by the China Federation of Logistics and Purchasing and e-commerce giant JD. The index tracking e-commerce logistics activities rose to 111 points last month, up from 109.4 points in March, the survey showed. Total demand for e-commerce logistics fell in the period, with the subindex tracking the total business volume coming in at 127.8 points, down 0.3 point from the previous month.

Xinhua