CCTV News (News Network): Data released by the China Federation of Logistics and Procurement shows that in the first quarter of this year, the total value of physical goods in logistics operation in the country was 91 trillion yuan, an increase of 5.7% year-on-year. The logistics demand structure continues to be optimized, and the policies of large-scale equipment updates and consumer goods trade-in policies have promoted the continuous improvement of related logistics demand. In the first quarter, the logistics demand for general equipment and special equipment manufacturing in the field of industrial goods logistics increased by 9.4% and 4.1% year-on-year respectively; the logistics demand for retail-related logistics in the field of commercial logistics all increased by about 20%.
In addition, in the first quarter, the total social logistics cost was 4.5 trillion yuan, and the ratio to GDP was 14.1%, a decrease of 0.3 percentage points from the same period last year, and my country's social logistics cost fell.
