The dynamic China's surging economy,instant retail experiences explosive growth

 According to a report by CCTV Finance,data released by the China Federation of Logistics and Purchasing today (May 29) showed that from January to April, the total volume of social logistics nationwide amounted to RMB 121.7 trillion, marking a year-on-year increase of 5.5%.

 From January to April, the total logistics volume of industrial products increased by 5.6% year-on-year, contributing 74% to the overall growth of the total logistics volume in society. Among them, the logistics of high-end manufacturing industries showed strong growth momentum, especially in high-end equipment and artificial intelligence industries, which gradually became new core growth points. From January to April, the logistics demand related to computer and communication equipment manufacturing and special equipment manufacturing increased by 14% and 7.4% year-on-year, respectively.

 In terms of consumer spending, the total logistics volume of goods for businesses and residents increased by 4.8% year-on-year from January to April. Online retail and instant delivery saw good growth, with instant retail transaction volume increasing by 29.2% year-on-year.

 In addition, relying on the construction of the "six networks", investment potential in areas such as integrated three-dimensional transportation facilities and low-altitude infrastructure continues to be unleashed. From January to April, investment in the water transportation and air transportation industries increased by 28.4% and 27.3% respectively. New infrastructure has been implemented simultaneously, and investment in the information transmission industry has increased by 29.2%. The pace of digitalization and intelligent transformation of logistics continues to accelerate.

 Liu Yuhang, Director of the China Logistics Information Center, stated: Under the condition of the country's vigorous promotion of the "six networks" construction, the construction of logistics infrastructure has accelerated. Beyond traditional infrastructure such as roads, railways, ports, and docks, it has further integrated intelligent, digital, and green technology platforms, establishing a modern logistics infrastructure system.