China IoT: China's logistics industry sentiment index was 50.9% in November, up 0.2 percentage points from month to month

The Zhitong Finance App learned that on December 3, the China Logistics Industry Sentiment Index for November 2025 released by the China Federation of Logistics and Purchasing was 50.9%, up 0.2 percentage points from the previous month.

Liu Yuhang, director of the China Logistics Information Center, believes that the November data shows that logistics demand is in an expansion range, with some differentiation by sector. Demand for energy logistics is slowing down, logistics demand in the industrial manufacturing sector is improving, logistics demand in the consumer sector has stabilized, and logistics activity has remained at a high level since the fourth quarter. Looking at the later stage, the logistics industry's fixed asset investment completion index was 55.4%, and the expected business activity index was 54.9%. It continued to operate in a high boom range. Maintaining high investment and expectations reflected the companies' steady, moderate and positive judgment on future market expectations.

The total business volume index continues to expand. The total business volume index was 50.9%, maintaining the expansion range.

The endogenous dynamics of business operations are stabilizing. In the context of rising costs, logistics companies operated resiliently, and the main business profit index rebounded 0.2 percentage points from month to month.

Expansion of fixed asset investment. The fixed asset completion index was 55.4%, which remained in the expansion range.

Market expectations remain high. The expected index of business activity was 54.9%, down 0.4 percentage points from the previous month.