Operation of logistics industry in China presented the followed characteristics during Jan. to Aug. in 2011:
Firstly, growth rate of transportation expenses in total external logistics expenses kept increasing. During Jan. to Aug., total external logistics expenses reached RMB5 trillion, up 18.7% YoY, wherein transportation expenses accounted for RMB2.6 trillion, up 15.8% YoY.
Secondly, growth rate of external logistics total amount fell back and reached RMB102.6 trillion in Jan. –Aug., comparably up 13.5% YoY.
Total Amount of External Logistics and Completed Investment in Fixed Assets, Jan. - Aug. 2011
|
(RMB trillion)
|
2010.1-12
|
2011.1-8
|
|
Amount
|
Growth Rate (%)
|
Amount
|
Growth Rate (%)
|
|
Total Amount of External Logistics
|
125.4
|
15.0
|
102.6
|
13.5
|
|
Total Expenses of External Logistics
|
7.1
|
16.7
|
5.0
|
18.7
|
|
Transportation Costs
|
3.8
|
14.0
|
2.6
|
15.8
|
|
Completed Investment in Fixed Assets
|
3.1
|
19.4
|
1.9
|
11.7
|
Source: CFLP; ResearchInChina
Thirdly, growth rate of fixed investment of logistics industry fell back. During Jan. to Aug., completed investment in fixed assets reached RMB1.9 trillion, up 11.7% YoY. Shrink of growth rate was caused by the diminished growth rate of investment in transportation industry.
Fourthly, logistics market price stayed low; however, it saw steady rise in August.
Besides, although revenues of logistics enterprises rapidly increased, their profitability remained low, restraining by the rising costs and limited capitals.