O China e-commerce logistics index reached an average of 113.7 points in 2024, marking an increase of 3.6 points compared to the previous year and reaching the highest level in almost seven years. According to sector data released on Tuesday, this increase reflects a robust expansion of online consumption in the country.
According to research conducted by the China Logistics and Purchasing Federation (CLPF) and e-commerce giant JD.com, sub-indices measuring contract fulfillment, staffing, satisfaction and actual cargo rates have reached their highest levels since 2018. This growth highlights a notable increase in supply capacity, service levels and market activity.
Lu Zhenwang, founder of Shanghai Wanqing Commerce Consulting, in an interview with the Global Times, explained that the number of online shoppers in China has surpassed the 900 million mark.
“Together with the rapid development of new models such as live streaming and short videos, which have become prevalent trends in China’s e-commerce market, consumers gain better access to diversified and personalized products and services,” Lu said.
Nationwide online retail sales reached 14.03 trillion yuan (approximately 1.91 trillion U.S. dollars) in the first 11 months of 2024, an increase of 7.4 percent year-on-year.
Online retail sales of physical products accounted for 26.7% of total retail sales of consumer goods, totaling 11.8 trillion yuan.
In November 2024, China’s express delivery sector celebrated a significant milestone, surpassing the 150 billion parcel mark for the first time, as reported by the State Post Bureau.
For 2025, CLPF projects that the e-commerce logistics index will maintain stable growth, driven by policies aimed at boosting consumption and the emergence of new logistics demand scenarios in instant and cross-border e-commerce.
The Central Economic Work Conference (CEWC), held in Beijing in December, outlined actions to stimulate consumption, improve investment efficiency and expand domestic demand, essential for 2025 economic development.
At the same time, the Ministry of Commerce launched a month-long online shopping event for festive products ahead of the Spring Festival on January 29, aiming to promote traditional Chinese culture and boost sales.
Cao Heping, an economist at Peking University, highlighted the importance of consumption for economic growth in 2025.
“Policymakers should step up measures to stimulate consumer spending this year,” Cao told the Global Times, indicating that proceeds from special treasury bonds will be used to finance equipment upgrades and encourage consumption.
Source: https://www.ocafezinho.com/2025/01/08/crescimento-robusto-do-comercio-eletronico-chines-em-2024-impulsiona-indice-de-logistica/
