China's transportation services speed up recovery in May
China's cargo transport industry reported growth last month as business activities further resumed, industry data showed.
The China Transportation Services Index (CTSI) stood at 144.6 points last month, down 16.5 percent year-on-year, according to the China Academy of Transportation Sciences.
The decrease was 5.4 percentage points lower than that recorded in April.
The subindex for cargo transport ticked up by 0.8 percent year-on-year last month, a sign of recovery from the contraction in the first four months.
Meanwhile, shrinkage in passenger transport further narrowed, with the subindex of passenger transport down 49.2 percent, narrowing by 12 percentage points from April.
The CTSI incorporated the transport volume of passengers and cargo of various transportation means including railways, highways, waterways and civil aviation. With 2010 as the base year and 100 points as the base value, the index includes passenger transport and cargo transport as two subindices.
You May Interested In
High Quality β-Nicotinamide adenine dinucleotide CAS 53-84-9 NADwith ready stock and best price
$3/UNIT FOB
2026-10-18
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
South Korea to Impose Anti-Dumping Duties on Caustic Soda: Chinese Mainland Firms Face Up to 22.21%, Taiwan Region 38.89%
-
EAEU Initiates Review of Anti-Dumping Measures on Chinese Titanium Dioxide, Suspends Duties During Investigation
-
Three Major Indian Chemical Investments Target China's PC Exports
-
Pakistan Launches Successive Anti-dumping Investigations against Chinese Products, Involving Soda Ash, Ibuprofen and Other Raw Materials
-
South Korea Initiates Anti-Dumping Probe on Chinese PVC Suspension Resin, Involving Tianjin Bohua and Wanhua Chemical
-
China Keeps Registering Pesticides
-
India Launches Anti-Dumping Probe into PET Film from China, Singapore, Thailand and the UAE
-
INEOS Warns Chinese Chemical “Dumping” Is Hitting Europe’s Industry
-
Covestro Builds New 660,000-ton MDI Plant in China: Global Supply Gap Meets Chinese Overcapacity Head-On
-
India Imposes Final Anti‑Dumping Duties on Ethylenediamine from China, EU, Saudi Arabia, and Taiwan, China, with Top Rate of $575/tonne
Recommend Reading
-
![Titanium Dioxide Prices Are Up Again! This Round of Increases Has One Real Driver: Sulfuric Acid]()
Titanium Dioxide Prices Are Up Again! This Round of Increases Has One Real Driver: Sulfuric Acid
-
![Arkema and ENNEX Forge Global Alliance to Power the Next Generation of Safer, Smarter Battery Separators]()
Arkema and ENNEX Forge Global Alliance to Power the Next Generation of Safer, Smarter Battery Separators
-
![After 20 Years of Negotiations, 90% of Tariffs to Be Cut! EU and Mercosur Sign Free Trade Agreement: Trade Barriers Ease, Transatlantic Cooperation Warms Up?]()
After 20 Years of Negotiations, 90% of Tariffs to Be Cut! EU and Mercosur Sign Free Trade Agreement: Trade Barriers Ease, Transatlantic Cooperation Warms Up?
-
![Smog Becomes a Sales Catalyst as Respiratory Drugs Surge in November]()
Smog Becomes a Sales Catalyst as Respiratory Drugs Surge in November
-
![Is India’s “Luck” Finally Here? HPCL’s 10-Year LNG Deal Is a High-Stakes Bet on National Destiny]()
Is India’s “Luck” Finally Here? HPCL’s 10-Year LNG Deal Is a High-Stakes Bet on National Destiny
-
![Price Increase Announcements Concentrated, Chinese Polymeric MDI Market Pushes for Rise]()
Price Increase Announcements Concentrated, Chinese Polymeric MDI Market Pushes for Rise
-
![Costs Decline, February DOP Prices Experience Volatile Drop]()
Costs Decline, February DOP Prices Experience Volatile Drop
-
![PVC Prices Decline After the Holiday; Short-Term Recovery Likely to Be Difficult]()
PVC Prices Decline After the Holiday; Short-Term Recovery Likely to Be Difficult
-
![Polyester bottle chip prices first fell then rebounded in February, weakening again at the end of the month in China]()
Polyester bottle chip prices first fell then rebounded in February, weakening again at the end of the month in China
-
![Chinese Ammonium Sulfate Market Prices Show Mixed Trends (4.13-4.23)]()
Chinese Ammonium Sulfate Market Prices Show Mixed Trends (4.13-4.23)
