China's Internet of Things: The total social logistics amount in the country will reach 36.82 trillion yuan by 2025, an increase of 5.1% year-on-year.

The China Federation of Logistics and Purchasing issued a document stating that by 2025, the total social logistics volume in the country will be 368.2 trillion yuan, calculated at comparable prices, an increase of 5.1% year-on-year. Looking at the trends within the year, the first, second, third, and fourth quarters respectively grew by 5.7%, 5.5%, 5.2%, and 5.0%. The growth rate of logistics demand in each quarter of the year remained stable, with logistics playing a strong role in driving the real economy. Key survey data shows that the level of logistics management and socialization of large industrial and commercial enterprises continues to improve. The outsourcing proportion of logistics in the industrial and wholesale and retail enterprises is nearly 70%, and the logistics cost rate of enterprises decreased by 0.2 percentage points year-on-year. There is a trend of reducing costs and improving efficiency through the linkage between industry and logistics.