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Live Updates  >  Live Update Details

2025-10-29 09:41:59

my country's total logistics costs reached 14.2 trillion yuan in the first three quarters, with steady improvement in logistics efficiency. The China Federation of Logistics and Purchasing (CFLP) today (the 29th) released logistics data for the first three quarters of this year. Total logistics costs reached 14.2 trillion yuan in the first three quarters, a year-on-year increase of 4.3%, a 0.6 percentage point drop from the first half of the year. The ratio of total logistics costs to GDP was 14.0%, a 0.1 percentage point drop from the same period last year. Cai Jin, President of the CFLP, stated that this 0.1 percentage point reduction represents a reduction of approximately 100 billion yuan in logistics costs from the first three quarters of this year, demonstrating significant progress in reducing logistics costs. (CCTV News)

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