According to the China Federation of Logistics and Purchasing, the Chinese economy as a whole kept picking up in 2021, with the annual manufacturing purchasing managers' index (PMI) averaging 50.5%, higher than the annual average in 2019 and 2020. The total volume of social logistics is expected to remain above 300 trillion yuan for the whole year. The logistics market is expanding steadily. The total revenue of the logistics industry will exceed 11 trillion yuan, and the market income is expected to maintain a growth rate of more than 15%. According to preliminary estimates, the ratio of total social logistics expenses to GDP in 2021 remained around 14.7 percent, the business environment of the industry continued to improve, and logistics operation achieved steady progress.
He Liming, president of China Federation of Logistics and Purchasing, recently introduced in the 19th Annual Conference of China Logistics Entrepreneurs, in 2021, approved by The State Council, China Logistics Group was formally established, and the reorganization and integration of the central enterprise logistics "national team" began. Mergers and reorganizations of enterprises in the industry have taken place frequently, revitalizing the social stock resources, and weaving the logistics service network of internal and external connectivity. The digital economy is booming, and the commercialization of new-generation technology and equipment, such as distribution robots, digital warehouses and digital supply chains, is accelerating.
He Liming said that the "14th Five-Year" modern logistics development plan will be issued soon, the development of China's logistics industry ushered in a new period of strategic opportunities. As investment, consumption and foreign trade logistics demand continues to recover, will promote the modern logistics system construction in our country, the formation of internal and external unicom, safe and efficient logistics network, realize the steady rise of modern logistics quality and quantity of reasonable growth, cultivate strong internationally competitive modern logistics enterprise, strengthen the development of high quality logistics basic condition.