Briefly

China remains largest logistics market

China maintained its position as the world's largest logistics market for the seventh consecutive year in 2022, industry data showed. Total revenue of the country's logistics sector came in at 12.7 trillion yuan ($1.82 trillion) last year, according to the China Federation of Logistics and Purchasing. China's top 50 logistics companies raked in about 2 trillion yuan in revenue last year, with a batch of internationally competitive enterprises starting to emerge in the market.

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