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Logistics sector posts steady growth

China's logistics sector posted steady growth in 2018, with the value of goods carried by the sector up 6.4 percent year-on-year to 283.1 trillion yuan ($42.3 trillion). The growth rate was slightly down by 0.2 percentage points from 2017, according to the China Federation of Logistics and Purchasing. Logistics expenditures rose 9.8 percent to 13.3 trillion yuan, amounting to 14.8 percent of last year's GDP. The share was slightly up from the previous year. Among the total, transportation expenditure rose 6.5 percent, while storage and management costs both surged more than 13 percent, showing greater efficiency in the transportation process.