A survey, which was jointly carried out by the China Federation of Logistics and Purchasing and e-commerce giant JD.com, calculated the index. The study ascribed the decline in e-commerce logistics businesses in China in August to the interruptions resulting from COVID-19 in market demand and supply, according to Chinese media reports.

However, the survey expects a positive outlook for the index in September 2022, as the reopening of schools in the coming days may create a conducive environment for the e-commerce logistics industry.

The index is based on the statistics of January 2015 with the starting point at 100.

Fibre2Fashion News Desk (NB)