According to the China Federation of Logistics and Purchasing (CFLP), China's economy maintained an overall recovery in 2021, with the annual manufacturing purchasing managers' index (PMI) averaging 50.5%, higher than the annual average in 2019 and 2020. The total amount of social logistics is expected to remain above 300 trillion yuan for the whole year. The scale of the logistics market is expanding steadily. The total revenue of the logistics industry will exceed 11 trillion yuan, and the market revenue is expected to maintain a growth rate of more than 15%. According to preliminary estimates, the ratio of total logistics expenses to GDP in 2021 will remain at around 14.7%, and the business environment of the industry will continue to improve.
He Liming, president of China Federation of Logistics and Purchasing, recently introduced at the 19th Annual Meeting of China Logistics Entrepreneurs that in 2021, with the approval of The State Council, China Logistics Group was officially established, and the restructuring and integration of the logistics "national team" of central enterprises began. Industry enterprise mergers and reorganizations frequently, activate social stock resources, weave internal and external connectivity logistics service network. The boom of the digital economy has accelerated the commercialization of next-generation technologies and equipment such as delivery robots, digital warehouses and digital supply chains.
He Liming said that the "14th Five-Year Plan for modern logistics Development" will be forthcoming, and the development of Chinese logistics industry will usher in a new period of strategic opportunities. With the continuous recovery of investment, consumption and foreign trade logistics demand, our country will accelerate the construction of modern logistics system, the formation of internal and external connectivity, safe and efficient logistics network, realize the steady improvement of modern logistics quality and reasonable growth of quantity, cultivate the growth of modern logistics enterprise with international competitiveness, logistics foundation conditions of high quality development.