A new survey from China Logistics and Purchasing Federation and JD.com has revealed China’s e-commerce logistics index hit a seven-year high in November, despite earlier sales promotions for the annual Double 11 shopping event.
The e-commerce logistics index, an indicator of logistics operations, came in at 115.5 points last month, up 0.5 points month on month, according to the survey. The sub-index for total business volume increased 0.4 points month on month to 134.1, indicating rising demand in the sector.
Rural e-commerce demand was also robust last month, with the sub-index for rural business volume increasing 2.3 points to 134.5.
The survey also showed that China’s e-commerce logistics enterprises made progress in supply efficiency during the Double 11 shopping festival, with all related sub-indices posting steady improvements.