Core Viewpoint - The logistics industry in China has shown stable growth in the first half of the year, with a total social logistics volume of 171.3 trillion yuan, reflecting a year-on-year increase of 5.6%, which is 0.3 percentage points higher than the GDP growth rate, indicating strong support from logistics demand for economic development [1][4]. Group 1: Overall Logistics Performance - The total social logistics volume reached 171.3 trillion yuan, with a year-on-year growth of 5.6% [1]. - The growth rate of social logistics volume outpaced GDP growth by 0.3 percentage points, highlighting the logistics sector's role in economic support [1]. Group 2: Industrial Logistics - The logistics volume for industrial products increased by 5.8%, contributing 85% to the growth of social logistics volume, which supports the stability of the industrial economy and the smooth operation of supply chains [3]. - The logistics demand from the equipment manufacturing industry grew by 10.9%, while high-tech manufacturing logistics demand increased by 9.7%, becoming significant growth drivers [3]. - Logistics related to 3D printing equipment and industrial robots saw a year-on-year increase of over 20% [3]. Group 3: Consumer Logistics - Consumer logistics volume for units and households grew by 6.1%, with an increase of 0.3 percentage points compared to the first quarter, driven by policies promoting domestic demand and consumption [8]. - Notable growth in logistics demand was observed in sectors related to trade-in programs for old products, electronic products, and tourism-related consumption [10]. Group 4: Resource Logistics - The logistics volume for renewable resources increased by 17%, with a growth acceleration of 1.2 percentage points compared to the first quarter [12]. - Significant growth was recorded in logistics for automobiles, household appliances, and other products, with growth rates exceeding 10% for items such as automobiles, tablets, smartphones, and washing machines [12]. Group 5: Import Logistics - The decline in import logistics volume has narrowed in the second quarter, with a recovery in the logistics volume of major commodities like crude oil and iron ore [6]. - The import logistics volume for integrated circuits increased by 8.9%, with a growth rate improvement of 0.5 percentage points compared to the period from January to May [6].