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China's express delivery business volume up nearly 50 pct during “618” shopping festival

June 24, 2020


Abstract : China's express delivery firms handled 4.68 billion parcels from June 1 to June 18, surging 48.66 percent from the same period last year, according to the State Post Bureau.

BEIJING, June 24 (Xinhua) -- China's express delivery firms handled 4.68 billion parcels from June 1 to June 18, surging 48.66 percent from the same period last year, according to the State Post Bureau of China.

The surge stemmed from the huge shopping volume during the "618" online shopping festival, reflecting the huge potential of the China's consumer market. 

Entering June, the daily average businessvolume of China's express delivery approached 260 million parcels, boosting the country's economy recovery after the COVID-19 pandemic.

The express enterprises in China have taken multiple measures to respond to the logistics peak during the mid-year online sales promotions by increasing and allocating resources such as manpower, vehicles, and air transportation capacity, conducting inspections on the allocated sites and upgrading equipment to improve production service support capabilities.

E-commerce platforms such as Tmall, JD.com, Suning and Pinduoduo have set new trading volume records one after another. From June 1 to June 18, the China Nets Union Clearing Corporation handled 26.18 billion cross-institutional online payment transactions with a total amount of 16.91 trillion yuan, up 52 percent and 42 percent year on year respectively.

The rapid development of new marketing methods such as live-streaming has effectively stimulated consumption potential. According to relevant data, the transaction volume and value through live-streaming on some short video platforms have increased significantly, with a year-on-year increase of 280 percent and 343 percent, respectively.

(Edited by Gao Jingyan with Xinhua Silk Road, gaojingyan@xinhua.org)

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Keyword: express delivery shopping festival

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