Core Viewpoint - The logistics industry in China continues to show expansion in October, with the logistics prosperity index at 50.7%, despite a slight month-on-month decline of 0.5 percentage points [1] Group 1: Logistics Industry Performance - The logistics business volume index and new order index remain in the prosperity range, indicating sustained demand expansion [1] - Consumer logistics growth is highlighted as a key area, driven by increased offline and online shopping activities during the National Day and Mid-Autumn Festival [1] - The postal and express delivery business volume index reached 70.5%, reflecting a month-on-month increase of 0.4 percentage points, indicating robust e-commerce activity [1] Group 2: Investment Outlook - Logistics infrastructure investment remains stable, with the fixed asset investment completion index at 55.2%, indicating ongoing expansion [2] - The business activity expectation index stands at 55.3%, remaining above 55% for eight consecutive months, suggesting optimistic outlooks for the year [2] - The expectation for steady growth in logistics demand is anticipated in the fourth quarter, providing support for broader economic goals [2]