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Industry

China's postal sector sees rapid growth in July

August 15, 2019


Abstract : China's postal sector registered a rapid growth in business revenue in July, official data showed.

BEIJING, Aug. 14 (Xinhua) -- China's postal sector registered a rapid growth in business revenue in July, official data showed.

The sector's business revenue surged 22.9 percent to 75.86 billion yuan (about 10.79 billion U.S. dollars) last month, according to a statement from the State Post Bureau.

Meanwhile, business volume hit 132.18 billion yuan, up 33.7 percent year on year, the statement said.

China's express delivery firms handled 5.25 billion parcels in July, up 28.6 percent from one year earlier. Their total revenue soared 26.3 percent year on year to reach 60.84 billion yuan.

In the first seven months, business revenue of the postal sector amounted to 528.71 billion yuan, up 21.3 percent year on year, the statement added.

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Keyword: postal sector

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