China Post integrating postal finance and rural e-commerce

China Post has announced that it is looking to create a “Postal Finance and Rural E-commerce ecosystem”. In a statement issued on Friday (17 February) China Post said that it had recently issued a guidance which said the postal company “should combine large postal finance customers and capital flow with rural e-commerce to implement integration and development”.

China Post added: “Postal finance will support e-commerce by providing convenient financial service tools and products.

“At the same time, China Post will draw online and offline customers in the rural electronic business by preferential purchases and shopping outlet activities.

“Postal finance will also connect together financial outlets and rural e-commerce supplier sites by carrying out public welfare activities.”