Logistics costs in China up 6.5 percent in January-February

Tuesday, 10 April 2018 09:56:59 (GMT+3)   |   Shanghai
       

In the first two months of this year, total logistics costs in China amounted to RMB 1.7 trillion ($0.27 trillion), up 6.5 percent year on year, as announced by China’s National Development and Reform Commission (NDRC).

In particular, in the given period China’s transportation costs, storage costs and managements costs amounted to RMB 0.9 trillion ($0.14 trillion), RMB 0.6 trillion ($0.095 trillion) and RMB 0.2 trillion ($0.032 trillion), indicating respective year-on-year increases of 6.3 percent, 6.3 percent and 8.2 percent.


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