China's Social Logistics Total Reaches 181.1 Trillion Yuan in First Half, Up 5.1% Year-over-Year

According to the China Federation of Logistics and Purchasing, China's total social logistics value in the first half of 2026 reached 181.1 trillion yuan, growing 5.1% year-over-year on July 29. This growth rate exceeded GDP growth by 0.4 percentage points. By quarter, the first and second quarters expanded 6.2% and 4.4%, respectively, demonstrating steady demand and structural optimization in logistics activity.
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