Logistics faces slowdown, report finds
Updated: 2013-08-05 17:27
By Zhong Nan (chinadaily.com.cn)
|
|||||||||||
The China Federation of Logistics and Purchasing predicted that the logistics sector will experience a slowdown in the next six months, despite modest half-year growth.
The total value of China's logistics operations reached 93 trillion yuan ($15.21 trillion) in the first half of this year, about a 9 percent increase on the same period last year.
But the growth rate was actually 0.9 percentage points slower than the same period last year and 0.3 percentage points slower compared to the first quarter, according to the latest report released by CFLP.
CFLP said a series of underlying problems that have long been neglected will emerge in the second half.
Related Stories
Logistics project of the century 2013-07-05 12:11
Logistics, construction and port stocks get a lift 2013-07-05 07:21
Looking to China's logistics market 2013-07-01 09:05
Logistics upgrade needed on growing cross-Straits trade 2013-06-18 10:55
Today's Top News
Shanghai probes sex claims against officials
Association urges Chinese to have a living will
US extends closure of embassies
New Zealand milk stokes fears
EU solar deal hailed as blueprint
Riding the clean energy boom today
Foreign investors welcome in Beijing
Bespoke shoes, Italian-style, made in China
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Urban push |
Reaching for the summit |
New energy vehicles await fuel injection |
Language: Spreading the word |
Finding inner peace on ocean wave |
Duo find new lives, homes a world apart |