Rosy year for courier industry
Print Edition
CHINA’S courier sector grew strongly this year amid efforts to boost consumption and services, the State Post Bureau said yesterday.
So far, a total of 30 billion deliveries has been made this year, up 53 percent year on year, continuing its leading position in the world, the bureau said.
Courier business revenue was over 354.4 billion yuan (US$51 billion) in the first 11 months of 2016, up 44.3 percent year on year, the bureau said.
Bureau data showed 20.65 billion parcels were delivered in 2015, up 48 percent from 2014.
Courier services had covered 70 percent of towns and villages by the end of 2015. China will extend this network and lift technology, services and global connections by 2020, the bureau said.
The target annual revenue of the courier sector will be 800 billion yuan by 2020.
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