The reporter learned from the China Federation of Logistics and Purchasing that in 2021, China's economy as a whole maintained a recovery, with the average Manufacturing Purchasing Managers Index (PMI) for the whole year being 50.5%, higher than the average for 2019 and 2020. The total amount of social logistics for the whole year is expected to remain above 300 trillion yuan. The scale of the logistics market is steadily expanding, and the total revenue of the logistics industry will exceed 11 trillion yuan. Market revenue is expected to maintain a growth rate of over 15%. Preliminary estimates show that the ratio of total social logistics costs to GDP will remain at around 14.7% for the entire year of 2021. The business environment in the industry will continue to improve, and logistics operations will achieve steady progress.
He Liming, President of the China Federation of Logistics and Purchasing, recently introduced at the 19th China Logistics Entrepreneurs Annual Conference that in 2021, with the approval of the State Council, China Logistics Group was officially established, marking the beginning of the restructuring and integration of the national team of state-owned enterprise logistics. The frequent mergers and reorganizations of industry enterprises have revitalized social stock resources and woven a logistics service network with internal and external connectivity. The wave of digital economy is surging, and new generation technologies such as delivery robots, digital warehouses, and digital supply chains are accelerating their commercial applications.
He Liming said that the "14th Five Year Plan for Modern Logistics Development" is about to be released, ushering in a new strategic opportunity period for the development of China's logistics industry. With the continuous recovery of logistics demand for investment, consumption, and foreign trade, China will accelerate the construction of a modern logistics system, form a safe and efficient logistics network with internal and external connectivity, achieve steady improvement in the quality and reasonable growth of modern logistics, cultivate and strengthen modern logistics enterprises with international competitiveness, and consolidate the logistics foundation for high-quality development.