In 2024, China's total income of social logistics increased by 4.9 percent to 13.8 trillion RMB.

The official performance data of the logistics industry throughout the region in 2024, released on tuesday, shows that the sector's earnings increased steadily and firmly.

Top logistics firms increased by 16% in 2024, while logistics services' demand for logistics services increased by 58%.

Over 900,000 logistics companies in china and 8.1 million self-employed service providers, as well as logistic-related roles in other companies, are currently employed.

Logistic-related jobs in other industries.

Over 15.5 million people in direct areas, as well as 151 national logistics hubs, increased by over 50% in the last year.

During the holiday, 1.15 billion parcels were delivered in the country, largely due to the chinese new year (cny) holiday closures in the same month.

With less price competition and more use of "new energy" (electric or hybrid) vehicles in china, the market is growing at its fastest rate, up 27% yoy, from 2024 levels.

With new technologies such as instant delivery and livestream social commerce, the logistics industry may continue to evolve.

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