Chinese e-commerce logistics index has been on the rise for 8 consecutive months.

The China Federation of Logistics and Purchasing released data on the 7th, showing that in October, the e-commerce logistics index in China was 113.1 points, an increase of 0.4 points from the previous month. Since the beginning of the year, the e-commerce logistics index in China has increased for eight consecutive months. Among the sub-indices, the total business volume index, rural business volume index, personnel index, logistics timeliness index, satisfaction index, and occupancy rate index have all increased, while the fulfillment rate index remained stable, and the inventory turnover rate index and cost index decreased. In October, the e-commerce logistics total business volume index reached a new high of 132.9 points. The rural business volume index in e-commerce logistics continued to rise. Enterprise service quality improved, and supply capacity increased.