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Industry

China's courier sector sees robust H1 growth

July 10, 2020


Abstract : China's courier sector registered robust growth in the first half of 2020 after a quick recovery from a COVID-19 downturn, the State Post Bureau (SPB) said on Thursday.

BEIJING, July 9 (Xinhua) -- China's courier sector registered robust growth in the first half of 2020 after a quick recovery from a COVID-19 downturn, the State Post Bureau (SPB) said on Thursday.

As business activities resumed, the business volume of the sector saw an average growth rate of 22.5 percent in H1, almost the same as the average level of last year, according to the bureau's latest press conference.

In the second quarter, some 240 million parcels were handled every day, equal to the highest level during the same period reported in 2019.

Hu Kai, deputy director of the Development and Research Center of the SPB, attributed the expansion to the growing online purchasing trend, and the robust momentum of e-commerce.

The postal and courier industries also showed strong, urgent delivery capabilities in H1, according to Hu. A total of 398 million parcels for COVID-19 prevention and control had been handled through 87,500 road trips, and 779 air trips as of June 10.

The China express delivery development index came in at 364.2 in June, surging 75.1 percent from the same period last year, the bureau said in a report.

Compiled on the basis of data from China's major logistics firms' operating delivery services, the index reflects the overall business activities and trends in the country's courier sector. Enditem

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Keyword: express delivery courier sector

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