(MENAFN) China's logistics sector has recorded steady growth last year, with the value of products carried by the sector up 6.4 percent year on year to 283.1 trillion yuan.
According to the China Federation of Logistics and Purchasing, the growth rate has declined by 0.2 percentage points from 2017.
Logistics expenditures increased 9.8 percent to 13.3 trillion yuan to reach 14.8 percent of last year's GDP.
Among the total, transportation expenditure went up 6.5 percent, while storage and management costs both surged more than 13 percent, showing greater efficiency in the transportation process.
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