[photopress:Intermodallogistics.jpg,full,alignright]The way in which logistics moves is indicative of a country’s trade progress. According to the China Federation of Logistics and Purchasing, China’s logistics and purchasing volume rose 15.3 percent year on year to RMB26.8 trillion ($3.35 trillion) in the first six months of this year.
During the six-month period, China’s total expenditure on logistics and purchasing came to RMB1,678.6 billion, a rise of 14.7 percent over the same period of last year.
The federation said fixed assets investment in logistics and purchasing in the January-June period totaled RMB432.2 billion, an increase of 20.7 percent year on year.
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