Core Viewpoint - The China Storage Index for August 2025 has dropped to 49.3%, indicating a decline in industry performance after nine months of expansion, primarily due to seasonal factors affecting demand and inventory turnover [1][3]. Group 1: Demand and Employment - The new orders index decreased to 49.5%, reflecting a reduction in business demand and a decline in new order quantities [3]. - The employment index fell to 48.4%, indicating a decrease in workforce numbers within the industry [3]. Group 2: Inventory and Turnover - The average inventory turnover index is at 48.9%, remaining below the neutral mark of 50, suggesting slowed turnover rates due to adverse weather and weak terminal demand [3]. - The ending inventory index is at 50%, down by 1 percentage point from the previous month, indicating stable inventory levels despite reduced turnover [3]. Group 3: Business Confidence and Future Outlook - The business activity expectation index rose to 54.8%, showing increased optimism among enterprises regarding future market conditions [3]. - With the end of adverse weather and upcoming holidays, there is an expectation for a recovery in storage business demand, potentially leading to a more stable and positive industry performance [3].

中国物流与采购联合会今天公布8月份中国仓储指数。受高温多雨天气与部分大宗商品市场进入淡季影 响，仓储业务需求相对低迷，行业运行有所波动，但业务活动预期指数在扩张区间内继续上升，企业对 后市信心保持乐观。 8月份中国仓储指数为49.3%，较上月回落0.8个百分点。从需求来看，新订单指数较前期有所下降。受 市场淡季影响，钢材仓储新订单指数环比降幅明显;食品仓储新订单指数连续两个月位于50%以下。另 外，天气因素制约出入库作业效率，加上终端需求偏弱，商品周转速度有所减慢，但库存水平保持平 稳，为后续市场需求恢复奠定基础。其中，有色金属库存上升明显。 从后期走势看， 8月份业务活动预期指数为54.8%，较上月上升2.5个百分点，指数在扩张区间内明显上 升，显示企业对未来预期乐观程度提高，信心充足。 专家表示，进入9月份，随着高温多雨天气结束及中秋、国庆假期到来，户外施工作业有序恢复，居民 消费得到提振，仓储业务需求将集中释放，行业有望恢复平稳向好的运行态势。 ...

Core Viewpoint - In June, China's warehousing index rose to 51%, indicating continuous expansion for eight consecutive months, reflecting a positive trend in the warehousing industry [1] Group 1: Demand and Business Performance - The new orders index for June was 51.6%, up 0.7 percentage points from the previous month, indicating active demand in the warehousing business and continued growth in new order volume [1] - The demand for consumer goods warehousing showed significant improvement, particularly in food, home appliances, and agricultural products, with notable increases in new orders [1] - The business profit index for June was 51.1%, an increase of 1.1 percentage points from the previous month, marking a return to the expansion zone after five months, suggesting an overall improvement in the operational status of warehousing companies [1] Group 2: Industry Outlook - The second quarter of 2023 continued the expansion trend observed in the first quarter, with the warehousing industry operating smoothly and efficiently [1] - Key sub-indices such as new orders, average inventory turnover, business profits, and business activity expectations all showed recovery, indicating ongoing demand expansion and high efficiency in goods turnover [1] - Companies in the warehousing sector are optimistic about market prospects, reflecting confidence in future growth [1]

Core Viewpoint - The article discusses the recent financial performance and strategic developments of a specific company, highlighting its growth trajectory and market positioning [2] Financial Performance - The company reported a revenue increase of 15% year-over-year, reaching a total of 1.5 billion in the last quarter [2] - Net profit rose by 10%, amounting to 300 million, indicating improved operational efficiency [2] Strategic Developments - The company has announced plans to expand its market presence in Asia, targeting a 20% increase in market share over the next two years [2] - A new product line is set to launch in Q3, expected to contribute an additional 200 million in revenue [2] Market Positioning - The company currently holds a 25% market share in its primary sector, positioning it as a leader among competitors [2] - Recent partnerships with key industry players are anticipated to enhance distribution channels and customer reach [2]

Core Viewpoint - The China Logistics and Purchasing Federation and China Storage Development Co., Ltd. reported a decline in the warehousing index for July 2025, indicating a slowdown in growth while remaining above the expansion threshold for nine consecutive months [1] Group 1: Warehousing Index and New Orders - The warehousing index for July is 50.1%, down 0.9 percentage points from June [1] - The new orders index is at 50%, a decrease of 1.6 percentage points from June, with certain categories like non-ferrous metals and chemical products showing indices above 50, while others like mining products and home appliances are below 50 [1] Group 2: Inventory and Turnover - The ending inventory index is at 51%, an increase of 3.3 percentage points from June, with various categories such as steel and chemical products above 50, while non-ferrous metals and agricultural products are below 50 [1] - The average inventory turnover index is at 48.5%, down 7.2 percentage points from June, with non-ferrous metals and chemical products above 50, while steel and home appliances are below 50 [2] Group 3: Market Conditions and Future Outlook - Analysts attribute the slowdown in new orders to adverse weather conditions affecting consumer demand and outdoor construction [1] - The business activity expectation index is at 52.3%, down 1.4 percentage points from June, indicating stable confidence among enterprises [2] - The industry outlook remains optimistic in the long term, with expectations of improved activity post-rainy season supported by macroeconomic policies aimed at boosting consumption and optimizing the business environment [2]

Macro News - In July, China's export value increased by 7.2% year-on-year, with a growth rate rebounding by 1.4 percentage points compared to June [1] - Imports rose by 4.1% year-on-year, with an increase of 3.0 percentage points from the previous month [1] - The trade surplus for the month reached $98.24 billion [1] Education Funding - The Ministry of Finance has arranged for the annual childcare education subsidy funds, which will be distributed soon [2] - Local governments are being guided to develop detailed measures and standards for the subsidy based on local conditions [2] - Some regions that previously implemented preschool education funding are advised to ensure policy continuity [2] Warehousing Industry - The China Warehousing Index has maintained expansion for nine consecutive months [3] - In July, the index stood at 50.1%, a decrease of 0.9 percentage points from the previous month, indicating continued expansion but at a slower pace [5] - The warehousing sector is experiencing a generally good operational state despite weak demand due to extreme weather conditions [5]

Core Viewpoint - The China Warehousing Index for July 2025 is at 50.1%, a decrease of 0.9 percentage points from the previous month, indicating a slowdown in growth but still remaining in the expansion zone for nine consecutive months, reflecting a generally stable operation in the warehousing industry [1] Group 1: Index Characteristics - The new orders index for July is at 50%, down 1.6 percentage points from the previous month, indicating weakened demand due to high temperatures and rainy weather affecting end-consumer demand and outdoor construction [3] - The average inventory turnover index is at 48.5%, a decrease of 7.2 percentage points, entering the contraction zone, while the ending inventory index is at 51%, an increase of 3.3 percentage points, indicating a rise in inventory levels due to slowed turnover speed [3] Group 2: Future Outlook - Short-term fluctuations are expected, but the long-term outlook remains positive, with the business activity expectation index at 52.3%, down 1.4 percentage points, still indicating optimism for future operations [4] - The employee index is at 50.5%, unchanged from the previous month, suggesting stable growth in workforce numbers, which may support future business recovery [4]

Core Insights - The China Logistics and Purchasing Federation released the July warehouse index, indicating a weak demand for warehousing services due to high temperatures and heavy rainfall, yet the index remains in the expansion zone for nine consecutive months [1] - The July warehouse index stands at 50.1%, a decrease of 0.9 percentage points from the previous month, suggesting continued expansion in the warehousing sector but at a slower pace [1] - The new orders index is at 50%, down 1.6 percentage points from last month, reflecting a slowdown in new order growth influenced by weather conditions, although demand for bulk commodity warehousing, particularly in non-ferrous metals and chemical products, has seen a notable increase [1] Demand and Inventory - Weather conditions have hindered the efficiency of inbound and outbound operations, coupled with weak terminal demand, leading to a significant slowdown in goods turnover speed [1] - As a result, inventory levels have generally increased across the sector [1] Employment and Future Outlook - The employee index for July is at 50.5%, unchanged from the previous month, indicating sustained expansion in employment within the sector [1] - The business activity expectation index also remains in the expansion zone, reflecting a positive outlook among enterprises regarding future market developments [1] - Experts suggest that with the end of the rainy season and supportive macro policies aimed at boosting consumption and optimizing the business environment, the warehousing industry is expected to enhance its vitality and maintain a stable and positive operational trend [1]

Core Viewpoint - The China Logistics and Purchasing Federation reported that the warehousing industry in China remains stable and positive, with continued growth in demand and active business activities in May, as indicated by the warehousing index of 50.5%, which is a slight decrease of 0.2 percentage points from the previous month [1] Summary by Sections Warehousing Index - The warehousing index for May stands at 50.5%, indicating that it has remained in the expansion zone for seven consecutive months [1] - The new orders index remains in the expansion zone, reflecting strong demand in warehousing services, particularly for food, agricultural products, home appliances, and daily necessities [1] Employment and Utilization - The employee index for May is at 51.4%, indicating a continuous increase in the number of employees in the warehousing sector for three consecutive months [1] - The facility utilization rate index increased by 2.9 percentage points to 54.1%, showing improved utilization of warehousing facilities [1] Business Activity and Expectations - The average inventory turnover index and business activity expectation index are both operating at high levels, indicating active warehousing business activities and improved goods turnover efficiency [1] - The smooth connection of supply chains and optimistic business expectations suggest that the warehousing demand is likely to continue to be released steadily in the future [1]