China's April Warehouse Storage Index Remains at 51%, Extends Expansion Streak

According to China Federation of Logistics & Purchasing, the country's warehouse storage index held at 51% in April, maintaining expansion for a second consecutive month. Sub-indices for new orders, facility utilization, and end-of-period inventory all remained in expansion, while average inventory turnover velocity sustained high momentum, indicating steady growth in warehousing demand and smooth supply chain operations. Business activity expectations index reached 55.1%, reflecting sustained optimism among enterprises.
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