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China's logistics sector posts stable growth in 2022

Updated: Feb 27, 2023 Xinhua Print
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An employee carries goods at the intelligent warehouse and logistics center of Heihe cross-border e-commerce industrial park in the Heihe Area of China (Heilongjiang) Pilot Free Trade Zone in Northeast China's Heilongjiang province, Feb 11, 2023. [Photo/Xinhua]

BEIJING - China's logistics sector reported steady growth in 2022, according to an industry report.

Social logistics rose 3.4 percent year on year to 347.6 trillion yuan ($50.4 trillion) last year, the China Federation of Logistics and Purchasing said.

During the period, the logistics for industrial products climbed 3.6 percent year on year, according to the report.

The total revenues of the logistics industry rose 4.7 percent year on year to 12.7 trillion yuan during the period.

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