Briefly

Logistics sector continues to recover

China's logistics industry continued to recover in August on across-the-board demand arising from supportive policies. The value of social logistics was up more than 5 percent year-on-year, according to an industry report. In the first eight months, social logistics rose nearly 5 percent year-on-year to 216.4 trillion yuan ($30 trillion), according to the China Federation of Logistics and Purchasing. The growth rate is 0.1 percentage point higher than that of the first seven months. Logistics for industrial products went up 4.5 percent year-on-year in August, while that for imported goods climbed more than 18 percent.

Financial summit to be held in HK in Nov

The second Global Financial Leaders' Investment Summit will be held from Nov 6 to Nov 8 in Hong Kong. Some 300 leaders are expected to attend, said Eddie Yue, the head of the Hong Kong Monetary Authority, on Friday. This year's summit includes the main summit and the investment forum, which will be jointly organized by the HKMA, the Hong Kong Securities and Futures Commission and the Hong Kong Academy of Finance.

Xinhua - China Daily