China Federation of Logistics & Purchasing said the China e‑commerce logistics
index rose to 111.0 in May, up 0.4 points m/m, signaling further improvement in
sector sentiment. The total e‑commerce logistics business-volume index was
128.3, up 0.4 points m/m and more than 20% YoY. Rural e‑commerce logistics
demand broadly warmed: the rural business-volume index stopped falling and
rebounded, with the western region recording the largest gain.