On May 7th, the China Federation of Logistics and Purchasing announced the China Warehousing Index. The index has remained in the expansion range for six consecutive months, and the demand for warehousing has continued to grow, achieving a good start to the second quarter. In April, China’s warehousing index was 50.7%, a slight decrease of 0.1 percentage points from the previous month, and remained in the expansion range for six consecutive months. The indices of new orders and enterprise employees have significantly increased, indicating that market demand continues to grow and the ability to absorb employment has improved.
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