Logistics data in Q1 posted moderate drop

China has posted a new batch of data that tracks logistics operations in the economy.

In the first quarter of 2015, total social logistic volume stood at 49.4 trillion yuan, up 5.6% year on year. The growth speed, albeit slightly faster than the Janurary to February period, was 3 percentage points slower than the same period last year.

While growth speed slowed, officials point out that logistics operations have become more efficient, as total logistics fees in the first quarter accounted for 16.6% of GDP, 0.2 percentage points lower than that of last year.

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