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22 / 07 / 2020

China's cargo transport back to normal growth

China's cargo transport industry reported faster growth in June with business activities recovering to normal levels, industry data showed. The decrease narrowed from the 16.5-percent drop recorded in May. The subindex for cargo transport jumped 5 percent year on year to 185.2 points last month, with the growth faster when compared with the 0.8-percent rise in May and keeping almost the same level as that of last year.

With production and living orders restored amid waning COVID-19 impact, China's cargo transport growth is basically back on track.