Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Chinese couriers report strong Q1 growth

April 15, 2019


Abstract : China's courier sector experienced strong growth in the first quarter of 2019, official data showed.

BEIJING, April 14 (Xinhua) -- China's courier sector experienced strong growth in the first quarter of 2019, official data showed.

The sector's combined revenue stood at 154.3 billion yuan (about 23 billion U.S. dollars), up 21.4 percent year on year, according to data from the State Post Bureau (SPB).

A total of 12.15 billion parcels were handled during the period, up 22.5 percent from a year ago.

In March alone, 4.86 billion parcels were delivered, generating total revenue of 59.6 billion yuan, up 23 percent, the SPB said.

The surge was partly due to strong growth in China's online consumption. In the first two months, online retail sales of consumer goods rose 13.6 percent, faster than the 8.2-percent increase in total retail sales.

Scan the QR code and push it to your mobile phone

Keyword: courier china-economy

Reading:

Beijing Benz recalls 1,925 cars over airbag problem

Huawei bets big on consumer products growth

Shenyang FTZ undergoes leap-forward development

China-sponsored drinking water project breaks ground in Costa Rica

Western China's first hydrogen cell automatic production line operates

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial