China's logistic sector in expansion territory in August as market demand continues to improve

China's logistics sector expanded in business scale in August, as policies to promote domestic consumption, stabilize investment, and safeguard people's livelihood continue to produce positive effects, and the synergy of supply and industrial chains accelerated, state broadcaster CCTV reported on Tuesday, citing industry data.

The index tracking the logistics market activity came in at 50.9 in August, climbing 0.4 points compared with the reading in the previous month, with total business volume index and new order index continuing to expand, according to data released by the China Federation of Logistics and Purchasing (CFLP).

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