ChinaChina’s Social Logistics Operations Improved Steadily in Quality and Efficiency in the First Three Quarters
CCTV.com News (Xinwen Lianbo): Today (November 1), the China Federation of Logistics and Purchasing released data on logistics operations for the first three quarters of 2026. In the first three quarters, China’s total social logistics value was 280.0 trillion yuan, up 4.9% year on year, with equipment manufacturing and high-tech manufacturing playing a prominent leading role. The ratio of total social logistics costs to GDP fell to 13.8%, and logistics costs saved across society exceeded 210 billion yuan, with cost-reduction benefits continuing to flow to the real economy.
央视网消息（新闻联播）：中国物流与采购联合会今天（11月1日）发布2026年前三季度物流运行数据。前三季度，全国社会物流总额280.0万亿元，同比增长4.9%，装备制造业和高技术制造业引领作用突出。前三季度，社会物流总费用与GDP比率回落至13.8%，全社会物流成本节约超2100亿元，降本红利持续向实体经济释放。
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ReportedEconomic report1 November 2026+
The China Federation of Logistics and Purchasing released data on logistics operations for the first three quarters of 2026.
CCTV.com News (Xinwen Lianbo): Today (November 1), the China Federation of Logistics and Purchasing released data on logistics operations for the first three quarters of 2026. In the first three quarters, China’s total social logistics value was 280.0 trillion yuan, up 4.9% year on year, with equipment manufacturing and high-tech manufacturing playing a prominent leading role. The ratio of total social logistics costs to GDP fell to 13.8%, and logistics costs saved across society exceeded 210 billion yuan, with cost-reduction benefits continuing to flow to the real economy.Original Chinese quote
发布2026年前三季度物流运行数据ReportedEconomic reportDate not specified+
The total value of goods handled by logistics nationwide in the first three quarters was 280.0 trillion yuan, up 4.9% year on year.
CCTV.com News (Xinwen Lianbo): Today (November 1), the China Federation of Logistics and Purchasing released data on logistics operations for the first three quarters of 2026. In the first three quarters, China’s total social logistics value was 280.0 trillion yuan, up 4.9% year on year, with equipment manufacturing and high-tech manufacturing playing a prominent leading role. The ratio of total social logistics costs to GDP fell to 13.8%, and logistics costs saved across society exceeded 210 billion yuan, with cost-reduction benefits continuing to flow to the real economy.Original Chinese quote
全国社会物流总额280.0万亿元，同比增长4.9%