China Post hails Fortune 500 ranking
China Post has been celebrating its new ranking close to the top 100 of Fortune magazine’s Global 500 list. In a statement issued today (26 July), China Post trumpeted its new ranking of 105, up 38 places from last year, and it was also delighted to be among the biggest postal players.
China Post commented: “It is the first time that China Post was listed among top-three postal enterprises of the world, along with America Post [US Postal Service] and Japan Post, hitting its target of entering the top ranks of global postal enterprises ahead of schedule.”
The statement continued: “Among this year’s five postal enterprises listed from developed countries, four staged a rally except French Post. Though German Post dropped from second place to fourth on the global post list, it rose from 111st to 108th place on the Fortune Global 500 list.
“American Post [USPS] moved up 30 places to rank 107th, retaining second place on global post list.
“Viewed by revenue, China and America Post [USPS] maintained positive growth while others declined. Japan, France and Italy Post declined more than 8% and German Post was down by 12.1%.”
China Post was also pleased with its ranking within its own domestic market: “Among the listed China enterprises in the top 100, China Post ranked 21, only one step away from its target of entering the ranks of global top 100 and China top 20 by the year 2020.”