CCTV News: The latest data from the State Administration of Taxation shows that in 2024, the development of specialized and new "little giants" enterprises continued to improve, and sales revenue in many fields increased significantly.

Data shows that in 2024, the sales revenue growth rate of "Little Giant" enterprises was 2.1 percentage points higher than the national average. Among them, the sales revenue of the "little giant" enterprises in the manufacturing industry increased by 3.2% year-on-year. The sales revenue of "little giants" enterprises in the digital economy industry and high-tech industries increased by 9.4% and 9.6% respectively. From the perspective of purchase, the purchase of R&D and technical services of "little giants" enterprises in 2024 increased by 7.8% year-on-year, showing a stable and rapid growth trend.

At the same time, in 2024, the export volume of "little giant" enterprises in the country increased by 12.1% year-on-year. From the perspective of exported goods, the export volume of integrated circuits and medical equipment rose by more than 25%, while motor vehicles and spare parts rose by more than 11%. From the perspective of export market, exports to ASEAN, the EU, the United States and other places have increased to varying degrees. Among them, exports to ASEAN increased significantly by 30.3%, demonstrating strong foreign trade resilience and vitality. Demand maintains growth and the industry is operating well

The China Federation of Logistics and Procurement announced the China Warehousing Index for February on March 4. The index changes show that due to holiday factors, the warehousing index fell month-on-month, but the index is still operating in the expansion range. The demand for warehousing business has maintained steady growth, enterprises have actively prepared stocks, and the overall industry has maintained a stable and positive operating trend.

In February, China's warehousing index was 50.2%, down 2.3 percentage points from the previous month, and continued to operate in the expansion range. The demand for warehousing business has maintained steady growth, especially the commodity market has performed well.

As the demand for infrastructure investment begins to be released after the holiday, the demand for warehousing of steel, non-ferrous metals, machinery and equipment and other products is relatively strong, and the new order index is in the expansion range of more than 50%. Correspondingly, the utilization rate of warehousing facilities has also remained at a high level, with the facility utilization index in February reaching a record high in three months.

From the inventory level, in February, the end-of-term inventory index was 53.2%, the same as last month, indicating that enterprises are actively stocking up and the inventory level continues to rise. By variety, the end-of-term inventory index of steel, non-ferrous metals, chemical products, machinery and equipment, home appliances and other varieties is higher than 50%.

From the later trend, in February, the business activity expectations index was 54%, up 2.1 percentage points from the previous month, maintaining a high level, and corporate expectations are generally optimistic. With the warming weather, the economy continues to rebound, and the peak season for the commodity market, warehousing business demand still has room for recovery, and the industry operation will continue to remain stable and positive. Demand recovers in an orderly manner after the holiday, and market expectations remain high

The China Federation of Logistics and Procurement released the China Logistics Industry Prosperity Index for February on March 4. After the Spring Festival, logistics demand was released in an orderly manner, especially in late February, the physical logistics volume indicators increased significantly, and the total business volume in the eastern and central regions continued to expand.

In February, China's logistics industry prosperity index was 49.3%. With the orderly progress of resumption of work after the holiday, major projects in various regions have been started in a concentrated manner, and the upstream and downstream of the industrial chain have recovered steadily. The prosperity of the road and railway transportation industries is in the expansion range, and the activity of the water transportation industry continues to improve. The logistics activity of multimodal transport and postal express e-commerce sectors continues to increase, with the total business index reaching a high level of 55.6% and 66.3% respectively.

From the business situation, in February, the increase in cost of logistics companies slowed down, and the profit index of the main business increased by 0.3 percentage points month-on-month. By industry, the profit index of main business in the fields of road transportation, water transportation, warehousing and multimodal transport has increased to varying degrees compared with the previous month.

From the later market perspective, in February, the business activity expectation index was 54.4%, which remained at a high level. The expected index of business activities in the railway and air transport industries is higher than the overall level of the logistics industry, and will play a stable support role in the overall recovery of logistics demand in the later period.