The reporter learned from the China Federation of Logistics and Purchasing that my country's economy as a whole will continue to rebound in 2021, and the average manufacturing purchasing managers' index (PMI) for the whole year is 50.5%, which is higher than the full-year averages for 2019 and 2020. The total social logistics volume for the whole year is expected to remain above 300 trillion yuan. The scale of the logistics market is expanding steadily. The total revenue of the logistics industry will exceed 11 trillion yuan, and market revenue is expected to maintain a growth rate of more than 15%. Preliminary estimates show that the ratio of total social logistics costs to GDP in 2021 will remain at around 14.7%. The industry's business environment continues to improve, and logistics operations have achieved stability and progress.
He Liming, president of the China Federation of Logistics and Purchasing, recently introduced at the 19th China Logistics Entrepreneurs Annual Conference that in 2021, with the approval of the State Council, the China Logistics Group will be officially established, and the reorganization and integration of the central enterprise logistics "national team" will begin. Industry enterprises are undergoing frequent mergers and reorganizations to revitalize existing social resources and weave a logistics service network that connects domestic and foreign companies. The digital economy is booming, and new generation technological equipment such as distribution robots, digital warehouses, and digital supply chains are accelerating their commercial application.
He Liming said that the "14th Five-Year Plan for Modern Logistics Development" is about to be released, and the development of my country's logistics industry will usher in a new period of strategic opportunities. As the logistics demand for investment, consumption and foreign trade continues to recover, our country will accelerate the construction of a modern logistics system, form a safe and efficient logistics network that is connected internally and externally, achieve a steady improvement in the quality of modern logistics and a reasonable growth in quantity, and cultivate and strengthen international competitiveness. A powerful modern logistics enterprise, consolidating the basic logistics conditions for high-quality development.