Manufacturing News

China's warehouse storage sector grows in September

China's warehouse storage sector expanded in September, according to a survey jointly released by the China Federation of Logistics and Purchasing and CMST Development Co Ltd.

The index tracking the sector's development stood at 52 percent last month, up 0.8 percentage points over the previous month and remaining in the expansion zone for a fifth consecutive month, the survey shows.

A reading above 50 percent indicates expansion, while a reading below 50 percent reflects contraction.

Wang Yong, vice president of CMST Development, highlighted the sound upward trend in warehousing demand, noting that the sector continued to report a good performance last month.

Companies in the sector are upbeat about the future market, with a sub-index measuring expectations for business activities rising 0.5 percentage points from August to hit 55 percent in September.

In the fourth quarter of the year, the growth of the sector is expected to continue, boosted by infrastructure investment and e-commerce consumption, the association said.

Most Viewed in 24 Hours


Start a Digital Twin Journey from Engineering Simulation

Accenture releases survey of digital transformation

CIMC Reduces Unplanned Downtime by 30% with Greater Operational Insight from ThingWorx

Ansys Simulation Speeding up Autonomous Vehicles

  • Tel : 0086-27-87592219
  • Email :
  • Add: 3B1 International Business Center, No. 18 Jinronggang Road (No.4), East Lake High-tech Development Zone, Wuhan, Hubei, PRC. 430223
  • ICP Business License: 鄂B2-20030029-9
  • Copyright © e-works All Rights Reserved