In the first three quarters, the total value of social logistics nationwide was 280 trillion yuan.

The China Federation of Logistics & Purchasing released the logistics operation data for the first three quarters of this year on November 1. In the first three quarters, the total value of social logistics nationwide reached 280 trillion yuan, up 4.9 percent year on year at comparable prices. Logistics operations showed a development trend of steady progress, simultaneous improvement in quality and efficiency, new growth drivers, and an optimizing structure.