As CHINA LOGISTICS INFORMATION CENTER announced, in the first three quarters, the gross amount of China External logistics is RMB158.1 trillion, with year-on-year growth 8.4%, the growth of logistics demand size slowdown steadily.

It is reported that, in the first three quarters, the gross amount of China External logistics is RMB158.1 trillion, year-on-year growth 8.4%, the growth slowdown 0.3% after comparing with first half year, and slowdown 1.1% compared with the same period of last year. The industry logistics gross amount is RMB 145.4 trillion, which is about 91.9% of the total External logistics, and the comparable growth is 8.5%, there is also a slowdown about 0.3%  compared with first half year in that area. The gross amount of import products logistics is RMB9.1 trillion, which is 5.7% of the total External Logistics with the comparable growth about 7.1%, there is also a slowdown about 0.4%; In addition, there is a comparable growth of 4.2% and 14.9% in agricultural products logistics and Renewable resources logistics.

The total social logistics costs slowdown. In the first three quarters, the total social logistics cost is about 7.1 trillion, year-on-year growth 8.5%. The growth slowdown about 0.3% comparing with first half year. The total social logistics cost occupy 17.0 % of the GDP. The cost for each of the hundred consumption of the social logistics is RMB 4.5, which remain the same level as the first half year.

Overview of the sea freight market, influenced by slow growth of iron ore and rolled steel demand from the domestic of China and the weak demand of coal transportation, coastal break bulk ship request continue extended downturn. Together with the pressure of excess transport capacity in the market, Comprehensive Index shocked lower and lower. In September, China coastal break bulk comprehensive index remain as an average of point 913.0, linked index fell down 2.4%, year on year fell down 19.5%; Chinese coastal (bulk cargo) freight index from Jan to Sep remain as an average of point 1014.8, year on year fell down 2.4%, the drop level basically remain the same level as from Jan to Aug.

Analysts say that, the problem of the operation of China Logistics Industry, not only includes high costs of management, such as operating difficultly, unprofitable; but also includes constraining factors of the system, procedure of examination and approval staying complicated.

Nowadays, complicated procedure for examination and approval can’t match the increasing speed of logistics industry, such as complicated and overloaded procedure of examination and approval for company branches build applications, restrain the development and construction of China logistics network.