50.9%！物流业景气指数扩张明显 经济回升向好基础更加巩固

Core Viewpoint - The logistics industry in China is showing significant expansion in August, driven by effective policies aimed at promoting consumption, stabilizing investment, and ensuring livelihoods, leading to improved supply chain and demand dynamics [1] Industry Performance - The logistics industry prosperity index for August is reported at 50.9%, an increase of 0.4 percentage points from the previous month [4] - Key sub-indices such as the total business volume index and new orders index continue to expand, with the total business volume index remaining in the expansion zone for six consecutive months and the new orders index for seven consecutive months [4] - The new orders index for railway, air transport, and postal express industries is above 55%, indicating a strong demand [4] Investment Trends - Fixed asset investment index remains in the expansion zone, indicating continued growth in investment [8] - The logistics development in consumption and production sectors is stable, with improved micro vitality of enterprises and better operational conditions [8] Sector-Specific Insights - In August, logistics orders for outdoor leisure, fitness entertainment, local specialties, and seasonal fruits and vegetables increased by nearly 5% month-on-month [10] - Significant increases in logistics demand are noted in the automotive, electronic components, and electrical machinery manufacturing sectors, alongside stable demand for bulk energy consumption [10] Market Confidence - The business activity expectation index for August is at 55.8%, up 0.2 percentage points from the previous month, reflecting enhanced market confidence [12] - The average business activity expectation index for the first eight months of the year is 55.4%, which is 0.4 percentage points higher than the same period last year [12]