China: Cargo transportation preserves speedy expansion momentum
Date
12/21/2020 2:42:43 AM
(MENAFN) According to industry figures, cargo transportation sector in China preserved speedy expansion momentum during November as economic activities went back to normal amidst effectual epidemic curb.
The China Academy of Transportation Sciences (CATS) stated that, the China Transportation Services Index (CTSI) came in at 173.6 points in the past month, a drop by 2.9 percent annually.
The drop was mostly even with the decline registered during October.
The sub-index for cargo transport came in at 198.4 points in the past month, a rise by 7.4 percent annually, maintaining the same expansion rate as that of October.
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