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China's courier sector registers steady growth in March

China's courier sector registers steady growth in March
China courier firms delivered a total of 5.7 billion parcels last month, up 17.3 per cent year on year. - Filepic
BEIJING: China's courier sector saw stable growth in March as the country has generally resumed its economic activities.

Xinhua news agency, quoting official data from the State Post Bureau, reported that the country's courier firms delivered a total of 5.7 billion parcels last month, up 17.3 per cent year on year.

Meanwhile, the sector's business revenue increased 20 per cent from one year earlier to 71.5 billion yuan (about US$10.06 billion) in the month.

The aggregated business revenue in the first quarter reached 157.99 billion yuan, data showed.
Propelled by policy support and accelerated process of recuperation, the sector is expected to come out of the shadow of the epidemic in April, the bureau said, adding that business volume is anticipated to see an around 20-percent expansion in this month.

A recent report from the bureau indicated that the parcel volume is expected to see over 74 billion parcels in 2020, with a growth of 18 per cent year on year. - BERNAMA


Tag: China, courier sector, economic activities, business revenue, business volume



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