China's transportation services speed up recovery in May

Time:2020-06-16 13:52:31      Source:ChinaDaily.com
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.
Index RMB/t DoD Basis Date
Datong 5500 ex-mine 07-01
Shuozhou 5200 FOR 07-01
Ordos 5500 ex-mine 07-01
Yulin 6200 ex-mine 07-01
Liulin Low-sulphur ex-mine 07-01
Gujiao Low-sulphur FOR 07-01
Xingtai Low-sulphur ex-Factory 07-01
Yangquan PCI FOR 07-01
Index RMB/t WoW WoW% Date
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