晶采观察丨消费旺、物流忙 彰显中国经济韧性强、活力足

Core Insights - The logistics sector in China shows signs of stability and growth, with a total social logistics volume reaching 201.9 trillion yuan from January to July, marking a year-on-year increase of 5.2% [2] - The logistics industry prosperity index for August stands at 50.9, reflecting a 0.4 percentage point increase from July, indicating a steady expansion in logistics demand [2] - Key indices such as the business volume index and new order index have been consistently expanding, with the business volume index remaining in the expansion zone for six consecutive months and the new order index for seven months [2] - The demand for logistics in high-end manufacturing, cross-border e-commerce, and perishable goods delivery is experiencing explosive growth, particularly in the aviation transport sector where the new order index is above 55% [2] Logistics Market Dynamics - The logistics sector is witnessing increased activity in lower-tier markets, driven by rising tourism and family visits during the summer, as well as deeper integration of e-commerce with rural markets [2] - Data indicates a recovery in rural e-commerce logistics business volume in July, suggesting that consumption potential in county and township markets is being continuously stimulated [2] - The shift in logistics development from "scale expansion" to "quality improvement" is evident, providing new momentum for the consumption market and broadening development space for the logistics industry [2] Industrial Competitiveness - The improvement in logistics efficiency is reshaping China's industrial international competitiveness, with structural improvements in import logistics demand [3] - Specific data shows that logistics volumes for high-end products such as simulation chips, 3D printing equipment, and industrial control computers have increased by over 20%, while logistics for robotics-related industries has grown by over 10% [3] - The modern logistics system is providing essential support for the transformation of the industrial sector, facilitating quality enhancement and efficiency improvements [3] - The busy state of transportation logistics serves as a barometer for the economy, indicating a direct correlation between logistics activity and economic vitality [3]