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Bulletin of China's logistics operation in 2019

• Author:
• Source: National Development and Reform Commission China Federation of Logistics and Purchasing
• Date: 2021-03-13
• Views: 490Times

In 2019, the total social logistics volume maintained a basically stable growth, and the ratio of total social logistics cost to GDP was 14.7%, a decrease of 0.1 percentage point from the previous year.

1. The total amount of social logistics maintains steady growth
In 2019, the total social logistics in the country was 298.0 trillion yuan, a year-on-year increase of 5.9% at comparable prices, and the growth rate was 0.5 percentage points lower than the same period of the previous year. The growth rate was 6.4% in the first quarter, 6.1% in the first half, and 5.7 in the first three quarters. %, the total amount of social logistics for the year was slowing down and stabilizing, and it rebounded slightly in the fourth quarter.
In terms of composition, the total value of industrial product logistics was 269.6 trillion yuan, a year-on-year increase of 5.7% at comparable prices, and the growth rate was 0.5% lower than the previous year; the total value of imported goods logistics was 14.3 trillion yuan, an increase of 4.7%, an increase from the previous year 1 percentage point; the total logistics of agricultural products was 4.2 trillion yuan, an increase of 3.1%, a decrease of 0.4 percentage points from the previous year; the total logistics of units and residents was 8.4 trillion yuan, an increase of 16.1%; the total logistics of renewable resources was 1.4 trillion yuan, an increase of 13.3 %.
2. The ratio of total social logistics costs to GDP dropped slightly
The total cost of social logistics in 2019 was 14.6 trillion yuan, a year-on-year increase of 7.3%, and the growth rate was 2.5 percentage points lower than the previous year. The ratio of total social logistics costs to GDP was 14.7%, a decrease of 0.1% from the previous year.
Among them, transportation expenses were 7.7 trillion yuan, a year-on-year increase of 7.2%, storage expenses were 5.0 trillion yuan, an increase of 7.4%, and administrative expenses were 1.9 trillion yuan, an increase of 7.0%.
3. The total income of the logistics industry maintains rapid growth
The total revenue of the logistics industry in 2019 was 10.3 trillion yuan, a year-on-year increase of 9.0%.