China’s postal sector saw rapid growth in July
China’s postal sector registered a rapid growth in business revenue in July, according to official data from from the State Post Bureau.
The sector’s business revenue surged 22.9% to 75.86 billion yuan (about 10.79 billion U.S. dollars) last month. Meanwhile, business volume hit 132.18 billion yuan, up 33.7% year on year, the statement said.
China’s express delivery firms handled 5.25 billion parcels in July, up 28.6% from one year earlier. Their total revenue soared 26.3% year on year to reach 60.84 billion yuan.
In the first seven months, business revenue of the postal sector amounted to 528.71 billion yuan, up 21.3% year on year, the statement added.