On August 28th, data released by the China Federation of Logistics and Purchasing showed that from January to July, the total amount of social logistics in China was 201.9 trillion yuan, an increase of 5.2% year-on-year calculated at comparable prices; The total amount of social logistics in July increased by 4.9% year-on-year. The China Logistics Information Center stated that overall, the operation of social logistics in China has continued to develop steadily with progress since the beginning of this year. The demand for logistics continues to grow, the scale of the logistics market continues to expand, and the structure is further optimized. The growth of new driving forces in industry and consumption demonstrates resilience. From a structural perspective, the basic structure of industrial product logistics is stable, and the growth trend is steady. From January to July, the total logistics volume of industrial products increased by 5.7% year-on-year. Among them, manufacturing logistics plays a core supporting role, which is 0.5 percentage points higher than the total industrial logistics during the same period. The foundation of industrial logistics is more solid and diversified, with continuous expansion of growth in multiple dimensions. Logistics demand in 35 industries has achieved year-on-year growth, with a growth rate exceeding 85%; The output of 335 products increased year-on-year, with a growth rate exceeding 50%. The structural improvement of import logistics demand and the enhanced support role of high-tech products. From January to July, the total logistics volume of imported goods decreased by 2.4% year-on-year, narrowing the decline by 0.6 percentage points compared to the first half of the year; In July, the year-on-year growth was 1.4%. The import logistics continues to improve, and the structural characteristics of growth are obvious. High tech products and electromechanical products are still the main driving forces. The cumulative growth of import logistics volume of machine tools and other products from January to July remains significant, maintaining a high-speed growth of over 18%; In July, high-tech products such as integrated circuits saw a year-on-year growth of over 10%. The logistics demand for units and residents' goods has steadily increased. From January to July, the total logistics volume of goods between units and residents increased by 6.2% year-on-year, an increase of 0.1 percentage points compared to the first half of the year. The demand for consumer related logistics continues to recover, and the policy of trade in has driven the rapid growth of logistics demand in related categories. The vitality of online consumption continues to increase, and the integration of online and offline is deepening. From January to July, the online retail sales of physical goods increased by 6.3%, which is 1.5 percentage points faster than the growth rate of the total retail sales of consumer goods in society. Real time retail, live streaming sales, and other new forms of consumer assistance have simultaneously improved physical retail. From a structural perspective, the resilience of industrial logistics and import logistics continues to be demonstrated, consolidating the basic foundation of logistics demand growth. At the same time, driven by policies such as large-scale equipment updates and boosting consumption, the development of new business models in unit residents and renewable resources has injected new growth momentum into logistics demand. ”The China Logistics Information Center stated. The stable growth data of the logistics market shows that from January to July, the total revenue of the logistics industry was 8.2 trillion yuan, a year-on-year increase of 4.9%; From January to July, the average prosperity index of China's logistics industry was 50.5 points, and the total business volume index in July was 50.5%, continuing to maintain an expansion trend; In July, the new order index of logistics companies was 52.5%, indicating a recovery in business operations. There are signs of improvement in the profitability level of the enterprise. From the key survey data, driven by stable business volume and price stability, the growth rate of logistics companies' business revenue has remained basically stable. From January to July, the logistics business revenue of the key surveyed logistics enterprises increased by 4.8% year-on-year. Driven by active transformation and upgrading, as well as refined management, there are signs of improvement in the profitability of logistics enterprises. From an index perspective, the main business profit index of the enterprise is 46.2%, with a month on month increase of 0.1 percentage points. The China Logistics Information Center stated that the continuity, stability, and predictability of relevant policies are expected to be enhanced. Data shows that the expected index of business activities in July remained at a relatively high level of 55.6%. Micro entities have overall positive expectations for market development, and new driving forces such as low altitude logistics, supply chain integration, and cross-border e-commerce logistics have shown a significantly better development momentum than the overall level. (New Society)