Employees arrange deliveries at a courier firm facility in Huzhou, Zhejiang province, on Feb 8, 2021. (PHOTO / XINHUA)
BEIJING - China's logistics industry sustained the recovery momentum in the first half of the year as market demand rose modestly, industry data showed.
During the period, social logistics rose 4.8 percent year-on-year to 160.6 trillion yuan (about $22.51 trillion) in value, according to the data released by the China Federation of Logistics and Purchasing.
Total revenue of the logistics industry rose 5.3 percent year-on-year to 6.3 trillion yuan during the period, according to the data
Logistics for industrial products went up 3.8 percent year-on-year during the period, 0.8 percentage points higher than that of the first quarter, the data showed.
Total revenue of the logistics industry rose 5.3 percent year-on-year to 6.3 trillion yuan during the period, according to the data.
ALSO READ: China's logistics market sustains expansion
Despite the challenges ahead, the federation remains confident about the sector's growth prospects for the entire year, citing its huge potential and strong resilience.