China’s e-commerce logistics index hit a seven-year high of 115.5 in November, up 0.5 points MoM, per the China Logistics and Purchasing Federation and JD.com.
Despite early ‘Double Eleven’ promotions, logistics efficiency boosted e-commerce growth.
Rural demand surged, with rural business volume rising 2.3 points to 134.5.
The index was 115 in October, up 0.6 points from September.