Core Viewpoint - The logistics sector in China has shown stable overall performance and continuous optimization in service quality during the first eleven months of 2025, with a notable increase in both demand and structural improvements in logistics operations [1]. Group 1: Overall Logistics Performance - The total social logistics volume reached 331.2 trillion yuan, reflecting a year-on-year growth of 5.0%, with a monthly increase of 4.5% in November [3]. - The logistics industry generated total revenue of 13.1 trillion yuan, marking a year-on-year increase of 4.6%, with growth accelerating for four consecutive months [10]. Group 2: Industrial and Consumer Logistics - In terms of production, the logistics volume for industrial products grew by 5.2% year-on-year, with a monthly increase of 4.7% in November, indicating stable growth across nearly 70% of industrial sectors [4]. - For consumer logistics, the volume for units and residential goods increased by 5.8% year-on-year, driven by the rapid growth of emerging consumption sectors such as instant retail and live e-commerce, which saw a 5.7% year-on-year increase in online retail sales of physical goods [4]. Group 3: Green Logistics and New Growth Points - Green logistics has emerged as a new growth point in the industry, with the logistics volume for renewable resources increasing by 14.7% year-on-year, maintaining rapid growth throughout the year [7]. Group 4: Market Trends and Future Outlook - The logistics market in November exhibited steady demand growth, structural optimization, and efficiency improvements, with significant advancements in transportation coordination, cross-border services, and warehousing turnover efficiency [9]. - The logistics industry prosperity index averaged 50.7% for the first eleven months, indicating expansion, with November's index at 50.9%, reflecting a positive trend in logistics activity as the traditional peak season approaches [12]. - The multi-modal transport sector has accelerated, with a total of 15.4% year-on-year growth in the number of containers sent via rail-water intermodal transport [14]. - Expectations for the overall social logistics volume in 2025 are projected to maintain a growth rate of around 5% due to enhanced supply chain collaboration [16].