Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Economy
 Search News  Or
China's logistics expense grew 11.9% in H1

Jul. 25, 2012 (China Knowledge) - China’s total logistics expense grew 11.9% YoY to RMB 4.1 trillion in the first six months of this year, according to figures from the National Development and Reform Commission.
 
The growth rate was 0.3 percentage points lower than that in the first quarter and 6.4 percentage points lower than that in the same period of 2011.
 
Of the total expense, RMB 2.1 trillion was transportation cost, up 10.7% YoY, RMB 1.5 trillion was storage cost, up 12.8% YoY, and RMB 500 billion was management cost, 14.1% more than that in the same period of last year.

The value of goods transported by logistics industry grew 10% YoY to RMB 83.6 trillion in the first six months. The growth rate was 3.7 percentage points lower than that in the corresponding period of 2011. The value included RMB 76.4 trillion of industrial products and RMB 5.6 trillion of imported goods, 10.5% and 4.2% more than that in the same period of last year, respectively.

The logistics industry saw its value-added output rise at a lower growth of 10.3% YoY to RMB 1.6 trillion in the 6-month period.

The country's fixed-asset investment in the logistics industry amounted to RMB 1.5 trillion in the first six months, up 12.7% YoY, The growth rate was 6.3 percentage points lower than that in the same period of last year.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved