BUSINESS China's postal industry sees robust growth

BUSINESS

China's postal industry sees robust growth

Xinhua

16:12, July 20, 2020

An express worker processes packages at a delivery station in Qinhuangdao, Hebei province, on Feb 24. (Photo by Cao Jianxiong / for China Daily)

BEIJING - China's postal industry registered robust growth in revenue and business volume in the first half of the year as the sector gradually shrugged off the impact of COVID-19, the latest official data showed.

The business revenue of the sector totaled 502.82 billion yuan ($71.79 billion) in the January-June period, up 11.03 percent year-on-year, according to statistics released by the State Post Bureau.

Business volume expanded 22.45 percent from the same period last year to about 876.53 billion yuan.

In the first half of the year, China's express delivery firms handled 33.88 billion parcels, up 22.05 percent from one year earlier, with their business revenues up 12.57 percent year-on-year to 382.38 billion yuan.

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