Based on the input‐output model, the industrial linkage and impact of China's logistics are investigated by aid of the input‐output data released by the National Bureau of Statistics of the PRC. Three important conclusions are drawn from the investigation. First, the logistics industry has consumed the petrochemical industry, the transportation industry and the financial industry highly for a long time. However, the consumption on the tertiary industries, such as technical service and education, are still lowly. Second, China's logistics industry is a "low value‐added, high‐powered" industry. Finally, China's logistics industry's influence coefficient is higher than the sensitivity coefficient, indicating that China's logistics industry is driving the development of the national economy enhanced, but weakened by other sectors of the national economy.