293.7万亿元、11.8万亿元，“含金量”！多维度解锁物流领域新变化、新亮点

Core Insights - The logistics sector in China has shown steady progress in the first ten months of 2023, with a total social logistics volume reaching 293.7 trillion yuan, reflecting a year-on-year growth of 5.1% [3][5] Logistics Performance - The total logistics volume for industrial products grew by 5.3%, accounting for 88% of the overall logistics volume, with strong growth driven by equipment manufacturing and high-end manufacturing sectors [3][12] - The logistics volume for units and residential goods increased by 6.4%, with a slight rise in its proportion, indicating robust growth in online consumption logistics, particularly in new business models like instant retail and live e-commerce [5][8] E-commerce and New Consumption Trends - The growth rate of online retail for physical goods outpaced that of digital products, highlighting the stable growth of e-commerce platforms and logistics demand [8] - The logistics demand for the new energy industry chain has seen significant growth, with logistics volumes for new energy vehicles and lithium-ion batteries increasing by 19.3% and 30.4%, respectively [12] Logistics Efficiency and Revenue - The logistics industry’s total revenue reached 11.8 trillion yuan, marking a year-on-year increase of 4.5%, with ongoing optimization in the transportation logistics structure [14] - The efficiency of logistics operations has steadily improved since 2025, with a notable increase in the coordination between logistics supply scale and efficiency [12] International Logistics Growth - Emerging markets have become key growth points in international logistics, with air cargo transport volume increasing by over 20% in October, driven by cross-border e-commerce and high-end manufacturing [18] - The number of China-Europe and China-Central Asia freight trains reached 28,000, reflecting a year-on-year growth of 7.8%, while port container throughput increased by 6.4% [21] Profitability of Key Logistics Enterprises - Key logistics enterprises reported stable revenue growth, with logistics business income increasing by 4.4% year-on-year, maintaining a consistent growth rate over the past three months [21][22] - The profitability of logistics companies has improved, with costs per hundred yuan of logistics business income decreasing to 95.8 yuan, while the income profit margin remained stable at 3.3% [22]