News on @XHNews reports the results of a survey which shows a decline in the consumption of clothing and footwear in the last month, monitoring the logistics activity for e-commerce, which decreased by 2.2 points in August. The decline is again attributable to the exacerbation of Covid-19. Now it is hoped that schools will reopen in September for the recovery of consumption. [China's e-commerce logistics index down in August - Xinhua]
China’s e-commerce logistics index for August 2022 decreased by 2.2 points to 104.2 points, compared to July 2022, owning to a rise in COVID-19 cases in the country.
A survey, which was jointly carried out by the China Federation of Logistics and Purchasing and e-commerce giant JD.com, calculated the index. The study ascribed the decline in e-commerce logistics businesses in China in August to the interruptions resulting from COVID-19 in market demand and supply, according to Chinese media reports.
However, the survey expects a positive outlook for the index in September 2022, as the reopening of schools in the coming days may create a conducive environment for the e-commerce logistics industry.
The index is based on the statistics of January 2015 with the starting point at 100.
