BUSINESS China's postal industry sees revenue up in November

BUSINESS

China's postal industry sees revenue up in November

Xinhua

08:19, December 13, 2020

An express worker processes packages at a delivery station in Qinhuangdao, Hebei province, on Feb 24. (Photo: China Daily)

BEIJING - China's postal industry has maintained robust expansion this year, with revenues and business volumes rising.

The industry's revenues rose to 992.85 billion yuan ($151.8 billion) during the first 11 months, up 14.4 percent from a year ago, according to a statement on the website of the State Post Bureau.

Some 23.26 billion packages were handled during the period, up 3.5 percent year-on-year.

In November alone, the industry raked in 113.23 billion yuan, up 15.9 percent year-on-year.

China's postal industry has been on fast track in recent years as e-commerce activities continue to fuel the sector's growth.

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