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China's courier sector handles over 100 bln parcels so far this year

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      China

      China

      China's courier sector handles over 100 bln parcels so far this year

      2024-08-13 17:11 Last Updated At:18:37

      China's courier sector saw its delivery volume this year exceed 100 billion parcels on Tuesday, reaching the mark 71 days earlier than in 2023 and signaling a booming consumer market, according to the State Post Bureau (SPB).

      This equates to an average of 71.43 packages per person in China, or 5,144 packages delivered every second.

      The express delivery sector has become a key indicator of the country's economic health. Amid a steady economic recovery, the industry has set new records across three main metrics. In particular, the highest single-day delivery volume exceeded 580 million parcels, and the average monthly volume surpassed 13 billion parcels, while the sector's monthly revenue topped 100 billion yuan (about 14 billion U.S. dollars).

      "This highlights the prosperity and continuous improvement in the quality and efficiency of China's express delivery sector. It also reflects the vitality and resilience of the country's economic development," said Wang Yuehan, director of the Department of Industrial Economics Research at the SPB's Development and Research Center.

      Since the beginning of this year, the regional structure of the express delivery sector has seen continued optimization. In the first half of the year, China's central and western regions actively established distribution centers to enhance warehouse and distribution capabilities.

      In the same period, the proportions of express delivery business volume in the eastern, central, and western regions accounted for 73 percent, 18.5 percent, and 8.5 percent of the national total, respectively. Compared to the first half of last year, the central and western regions saw increases of 1.3 and 0.9 percentage points, respectively.

      China boasts a highly efficient logistics network that reaches even the most remote areas, with 234,000 delivery points nationwide and over 95 percent of villages covered by express delivery services. This summer, this network enabled next-day delivery of seasonal fruits from distant regions.

      Technological innovation has further boosted delivery efficiency. In some cities, drones can deliver packages in about 10 minutes, while autonomous delivery vehicles have also significantly reduced delivery time.

      Going forward, the SPB plans to enhance logistics hubs in urban clusters, improve rural logistics systems and expand international delivery services, as well as integrate the delivery chain with advanced manufacturing.

      China has led the world in express delivery volume for 10 consecutive years.

      China's courier sector handles over 100 bln parcels so far this year

      China's courier sector handles over 100 bln parcels so far this year

      Russia said on Wednesday that its forces had taken control of one more settlement in Ukraine's Kharkiv region, while Ukraine, on the same day, reported striking Russian targets, according to their latest updates on the conflict.

      The Russian Ministry of Defense said that over the past 24 hours, its forces had seized the village of Zapadne on the western bank of the Oskil River, which used to form the front line between the Ukrainian and Russian armies.

      The ministry also said the Russian forces had successfully repelled Ukrainian counterattacks and launched offensives in the directions of Kharkiv, Avdiivka, Donetsk, Zaporozhye and Kherson.

      The air defense forces shot down 114 Ukrainian drones, and the Russian forces had continued to strike Ukrainian armed forces in the Kursk region, it said.

      On the same day, the General Staff of the Ukrainian Armed Forces reported that its forces had engaged in 67 battles on the frontline.

      The Ukrainian air force, missile forces and artillery units had struck targets such as Russian personnel, concentration areas of weapons and military equipment, command posts, depots and artillery systems, with the Ukrainian army continuing its operations in Russia's Kursk region, the Ukrainian side said.

      Russia seizes one more settlement in Ukraine's Kharkiv region, Ukraine strikes Russian targets

      Russia seizes one more settlement in Ukraine's Kharkiv region, Ukraine strikes Russian targets

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