Beijing brings per unit costs to lowest level on record – though outlays still remain well above levels in most developed economies.

China’s logistics efficiency hit a new high in 2025, as expanding infrastructure investment and rapid adoption of new technologies supported productivity growth in the world’s second-largest economy. The ratio of total social logistics costs to gross domestic product fell to 13.9 per cent in 2025 – the lowest level on record – down from 14.1 per cent in 2024, according to data released by the National Development and Reform Commission. That meant 13.9 yuan (US$2.01) was spent on logistics for…

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