物流为畅通经济循环提供更好支撑

Core Insights - The logistics cost in China has decreased, with the ratio of social logistics total expenses to GDP dropping to 14% in the first half of the year, showing a decline of 0.1 percentage points from the previous quarter and 0.2 percentage points year-on-year [2][3] Logistics Cost Breakdown - The total social logistics cost reached 9.2 trillion yuan, with transportation costs at 5.2 trillion yuan (up 5.3% year-on-year), storage costs at 2.9 trillion yuan (up 5.0% year-on-year), and management costs at 1.1 trillion yuan (up 2.5% year-on-year) [3] - The decline in logistics costs is attributed to three main factors: policy and infrastructure improvements, logistics and industry collaboration, and digital transformation [3][4] Policy and Infrastructure Improvements - Various policies and measures have been implemented to reduce logistics costs, including the issuance of 12 billion yuan in infrastructure loans (up 67% year-on-year) and the addition of 30 national logistics hubs [3][5] Logistics and Industry Collaboration - From January to June, the order volume for supply chain contracts from large logistics companies increased by 26.0%, and integrated logistics business revenue grew by 16.0%, indicating a shift towards value creation in logistics services [3] Digital Transformation - The logistics sector is leveraging digital technologies to enhance efficiency, with improvements in tracking, route optimization, and reduced average handling times for goods [4][7] Cost Savings and Impact - The total logistics cost savings in the first half of the year exceeded 130 billion yuan, benefiting both consumers and businesses [5] - Initiatives in various provinces, such as the cancellation of fees for shipping locks in Jiangsu, have contributed to these savings [5] Continuous Improvement Potential - The transportation, warehousing, and postal sectors saw a value-added growth of 6.4%, contributing 0.3 percentage points to economic growth [7] - Companies are adopting strategies like establishing collection centers and utilizing AI for sorting to further reduce costs and improve efficiency [7] Future Outlook - Despite some short-term fluctuations in logistics performance, the overall growth rate of social logistics is expected to maintain around 5.5% for the year, supported by ongoing policy efforts and developments in manufacturing and green logistics [8]