An employee readies packages ordered on e-commerce platforms at a logistics center in Lianyungang, Jiangsu province, in December. (Wang Chun / for China Daily)
BEIJING – Following a contraction in the previous month, China's e-commerce logistics sector rebounded in May largely due to preventative measures against the COVID-19 pandemic, industry data showed.
The index tracking e-commerce logistics activities stood at 104.3 points in the period, up 2.1 points from April, according to a survey jointly undertaken by the China Federation of Logistics and Purchasing and e-commerce giant JD.com.
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As the weeks-long June 18 shopping festival began on June 1 and a package of stimulus policy measures were rolled out, the index is estimated to witness more rapid expansion in June.
The sub-index for business volume rose 5.4 points from the previous month to 117.8 points.
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The sub-index for business costs declined 2.1 points in May, ending the two-month rising streak, the survey showed.