物流运行稳中有进，物流总额保持增长

Core Insights - The logistics sector in China has shown steady growth in the first seven months of the year, with a total social logistics volume of 201.9 trillion yuan, reflecting a year-on-year increase of 5.2% [1] - The logistics demand in high-end manufacturing, digital intelligence, and green low-carbon sectors has become a significant driver for logistics demand upgrades [2] - International logistics has emerged as a new growth point, with substantial increases in cross-border transportation and e-commerce logistics [3] - Overall, the logistics market is expanding, and the structure is further optimizing, supported by stable and flexible policies [4] Logistics Performance - From January to July, the total logistics volume for industrial products grew by 5.7%, with logistics demand across 35 industries increasing year-on-year [1] - The logistics volume for units and residential goods increased by 6.2%, with online retail sales of physical goods growing by 6.3%, outpacing the retail sales growth of consumer goods by 1.5 percentage points [1] - The total revenue of the logistics industry reached 8.2 trillion yuan, marking a year-on-year growth of 4.9% [2] Sector-Specific Growth - In July, logistics demand for high-tech manufacturing industries grew by 9.3%, with logistics volumes for advanced products like simulation chips and 3D printing equipment exceeding 20% growth [2] - The logistics demand for new energy products, including electric vehicles and lithium-ion batteries, also saw growth rates around 20% [2] Regional Dynamics - The logistics demand in the central and western regions of China is gaining momentum, with business volume indices of 52.3 and 50.9, respectively, surpassing the national average [2] - The eastern region maintained a steady growth trend with an index of 50.3, indicating a developing pattern of regional coordination [2] International Logistics - The China-Europe Railway Express has operated 8,526 trains, reflecting a year-on-year increase of 23.2%, while international air cargo transport volume reached 38.8 million tons, up 21.5% [3] - Cross-border e-commerce has driven significant growth in international logistics, supporting the smooth operation of supply chains [3] Consumer and Energy Logistics - E-commerce logistics, particularly in rural areas, has shown strong growth, with indices of 130.9 and 131.5 for overall and rural e-commerce logistics, respectively [3] - The railway sector has effectively ensured the transportation of essential energy supplies, with coal transport reaching 1.196 billion tons in the first seven months [3]