仲量联行：2025年上半年中国高标仓物流市场报告（英文版）（39页）.pdf

1、Jones Lang LaSalle Copyright Jones Lang Lasalle IP,Inc.2025.01220252022-20242019-20213 0.0%1.0%2.0%3.0%4.0%5.0%6.0%7.0%8.0%9.0%0204060801001201401602019202020212022202320242025Q1Q2Q3Q4YoY Growth-20.0%0.0%20.0%40.0%60.0%80.0%100.0%120.0%2019202020212022202320242025H1Final Consumption ExpenditureGross

2、 Capital FormationNet Export of Goods and ServicesSource:National Bureau of Statistics of China-8.0%-4.0%0.0%4.0%8.0%12.0%16.0%01020304050602019202020212022202320242025H1Retail Sales of Social Consumer Goods(Trillion RMB)YoY Growth(%)0.0%5.0%10.0%15.0%20.0%25.0%30.0%35.0%0246810121420192020202120222

3、02320242025H1Online Sales of Physical GoodsTrillion RMBShare in Total Retail Sales(%)4 Source:National Bureau of Statistics of China5-12.0%-8.0%-4.0%0.0%4.0%8.0%12.0%16.0%20.0%24.0%01,0002,0003,0004,0005,0006,0007,0008,0009,0002019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42

4、022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q2Per Capita Consumption Expenditure(RMB)Per Capita Consumption Expenditure Growth Rate(%)0.0%2.0%4.0%6.0%8.0%10.0%12.0%14.0%16.0%02,0004,0006,0008,00010,00012,00014,0002019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q420

5、21Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q2Per Capita Disposable Income(RMB)Per Capita Disposable Income Growth Rate(%)Source:National Bureau of Statistics of China024681012141618202019202020212022202320242025H120192020202120222023202520

6、246 02040608010012014036912369123691236912369123691236Source:CEIC,Peoples Bank of China,202510%12%14%16%18%20%22%24%26%28%30%2019202020212022202320242025H1Source:National Bureau of Statistics of China7 0.0%2.0%4.0%6.0%8.0%10.0%12.0%01020304050602019202020212022202320242025Q1Q2Q3Q4 YoY Growth8 0%5%10