In July, Chinas warehousing index remained in expansion, indicating strong resilience in the industrys performance.

The China Logistics and Purchasing Federation announced today the China Warehousing Index for July. The index has been operating in the expansion zone above 50% for two consecutive months. Overall, the warehousing industry continues to expand despite seasonal climate factors and extreme weather disturbances, showing strong resilience in its operations. The China Warehousing Index for July is 50.3%, an increase of 0.1 percentage points from last month, operating in the expansion zone for two consecutive months.