Half Year Report-Logistics Industry Overview

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 6, 2011 -- www.cri-report.com - Operations of the logistics industry are closely related to social production and operations and grow with production and sales of commodities. Currently, China's logistics industry maintains the growth rate of more than 10% annually.

In 2011 H1, China's social logistics value totaled CNY 74.70 trillion, increasing by 13.70% YOY, 4.70% lower than the growth rate in 2010. On the whole, the total social logistics value still maintained steady growth.

In 2011 H1, China's logistics operations maintained steady and rapid growth, the logistics demand continued growing, the total logistics cost increased rapidly, and its ratio with GDP ascended again. Meanwhile, the logistics enterprises suffered rise in costs and greater risks. Cost rise in logistics enterprises was mainly reflected in the rise in prices of raw materials and fuels, and costs of labor. And due to the influence of the Chinese government's tightening of money supply, increase in the loan rate and the low capital utilization rate of enterprises, the financing costs of logistics enterprises rose substantially. The rise in oil price had the uttermost influence on growth in enterprises' costs. Since 2010 Q4, China has raised the prices of gasoline and diesel for 4 times. In June 2011, the diesel price increased by 22.60% YOY and the gasoline price increased by 16.90% YOY in the circulation link. In 2011 H1, due to fierce competition, the prices of the logistics market maintained at a low level.

It is predicted that the development environment for China's logistics industry will improve, but still face many challenges. In terms of favorable factors, the Chinese government promulgated some policies stimulating development of the logistics industry. In terms of unfavorable factors, the international financial risks and debt crisis are prevalent, and the momentum of global economic recovery is unstable. Meanwhile, China faces the pressure of inflation and the capital pressure on enterprises is intensified because the central bank has raised the reserve ratio and the interest rate for many times.

To get more details, please go to http://www.cri-report.com/282-chinese-logistics-industry-report-2011h1.html

More following information can be acquired from this report:
-Operations of China's Logistics Industry, 2011 H1
-Sub-industries of China's Logistics Industry, 2011 H1
-Prediction on Development Trend of China's Logistics Industry, 2011 H2

logistics     total cost     total value