China's weekly road logistics price index rises

BEIJING - China's road logistics price index rose last week, driven by increasing demand and a stable supply of transport, industry data shows.

The index came in at 1,039.40 points in the week ending July 29, up 1.36 percent over a week earlier, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and the Guangdong Lin'an Logistics Group.

The sub-indices of all types of vehicles registered slight week-on-week growth. The figure for full truckload logistics prices, which mainly measures bulk-commodity and regional transportation, stood at 1,041.09 points, up 1.41 percent from the previous week.