On November 4th, the China Federation of Logistics and Purchasing released data showing that the prosperity index of China's logistics industry in October was 50.7%, a decrease of 0.5 percentage points compared to the previous month. Although there has been a slight correction in the overall logistics business volume index, overall demand remains expanding. Liu Yuhang, Director of China Logistics Information Center, stated that the data correction in October was due to a certain high base in the early stage, which was the result of the combined effect of demand growth changes and seasonal factors. The total demand is still in the expansion range, reflecting the active trend of logistics, and the logistics demand in the industrial and consumer sectors continues to form stable support. Specifically, the overall business volume index continues to expand. The total business volume index is 50.7%, maintaining an expansion range. The resilience of enterprise operations is stabilizing. On the basis of rigid cost increases, the logistics service price index rebounded by 0.2 percentage points month on month, and the main business profit index rebounded by 0.2 percentage points month on month. Fixed assets investment expansion. The completion index of fixed assets is 55.2%, maintaining an expansion range. Market expectations remain high. The expected index of business activities is 55.3%, a decrease of 1.2 percentage points compared to the previous period. Hu Enthalpy, deputy chief economist of China Logistics Information Center, said that on the basis of the full release of early demand, the logistics industry prosperity index fell in October, but still maintained an expansion trend, among which the business volume index, new order index, capital turnover index, logistics service price index, fixed assets investment completion index, employees index and business activity expectation index were in the boom zone. It is worth noting that the growth of logistics in the consumer sector has become a highlight. During the National Day Mid Autumn Festival holiday, offline entities, online social networking and e-commerce platforms went hand in hand to stimulate consumption potential. All regions organized key supermarket enterprises and commercial complexes around "local IP", "China-Chic Shopping" and "Celebrating the Mid Autumn Festival" to create characteristic consumption scenes, accelerate trade circulation and rapidly grow retail business. At the same time, e-commerce and online shopping activities remain active, with the postal and express delivery industry's total business index at 70.5%, up 0.4 percentage points month on month. With the improvement of the convenient living circle in the past fifteen minutes, the real-time delivery business volume of key surveyed enterprises has increased by more than 8% year-on-year, and the delivery categories have expanded from basic life to high-end goods. Hu Han predicts that in the later stage, China's logistics demand will have a good growth trend, a large total volume, a stable structure, excellent quality of logistics supply chain supply, strong enterprise resilience, and sufficient micro vitality. Logistics will maintain a stable and progressive trend throughout the year. (New Society)