China Federation of Logistics & Purchasing data show national social logistics
volume was 121.7 trillion yuan in Jan-Apr, up 5.5% YoY. Industrial-goods
logistics rose 5.6% YoY and accounted for 74% of the aggregate increase,
remaining the sector's stabilizing core. Consumption-related logistics momentum
improved and international logistics continued to recover. High-tech
manufacturing-related logistics demand grew above 10% YoY.