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China's postal industry sees double-digit growth in first 8 months

Xinhua | September 20, 2023


This photo taken on Feb. 15, 2023 shows some packaged coffee beans and cultural and creative products at a coffee-themed post office in Nanshan District in Shenzhen, south China's Guangdong Province. (Xinhua/Mao Siqian)

China's postal industry reported robust growth in business revenue in the first eight months of this year, data from the State Post Bureau showed on Tuesday.

From January to August, the revenue of the sector expanded 10.4 percent year on year to hit 970.85 billion yuan (about 135.34 billion U.S. dollars). In August alone, the revenue expanded 10 percent year on year to reach 122.62 billion yuan, the bureau said.

The country's postal industry handled 100.96 billion parcels in the first eight months, up 13.1 percent year on year. Among those parcels, 81.46 billion were handled by courier service companies, an increase of 15.9 percent from a year earlier, according to the bureau.