China's logistics industry exceeded the 1-trillion-yuan mark in total revenues as of Sunday, according to the State Post Bureau (SPB) on Monday.
The top three express delivery enterprises in revenues were SF Express, ZTO Express and YTO Express.
The revenues of China's logistics industry exceeded 1 trillion yuan for the first time in 2021, and this year the time to hit the 1-trillion-yuan mark was nearly one and a half months earlier than last year. China has established a service network of postal and express delivery with nearly 200 cargo planes, more than 270,000 express delivery vehicles and 413,000 business outlets of nearly 3,000 distribution centers in urban and rural areas to handle more than 400 million express parcels every day.
"In the next step, we will continue the high-quality development with digital and smart empowerment, and strengthen the construction of the delivery network, especially the business in rural areas and global market," said Liu Jiang, director of strategic planning research department with Development and Research Center of the State Post Bureau.
China's logistics revenue exceeds 1-trln-yuan mark
China's logistics revenue exceeds 1-trln-yuan mark
China is expecting a surge in outbound trips during the upcoming week-long National Day holiday and an even greater increase of 60 percent in inbound travels thanks to the country's 144-hour visa-free transit policy.
The National Day holiday, which starts Oct 1 and is known as 'Golden Week', is one of China's biggest annual public holidays.
According to the data from Qunar, a leading Chinese online travel platform, the placed orders for flights and hotels for the holiday have covered 1,597 cities in 144 countries.
Among the destinations, most are within the five-hour flight, with Hong Kong, Bangkok, Kuala Lumpur, Seoul and Osaka at the top.
The Immigration Department of the Hong Kong Special Administrative Region estimates that about 10.03 million people will enter the city by sea, land and air from Sept 28 to Oct 7, and the Hong Kong Airlines will handle 14 percent more passengers than in the same period last year.
In the meantime, the declining ticket prices due to the rapid resumption of international flights will also lead to a higher number of long outbound trips during the holiday, with African countries claiming more than half of the newly added destinations.
"Many popular long-haul tourism products for the holiday to Europe, the Middle East and Africa have been sold out over one month ahead. The sales of tickets for flights to Egypt, Türkiye, Hungary and Kenya have increased by more than three times year on year," said Teng Hao, a senior researcher.
At present, foreign nationals from 54 countries such as the United States, Canada, and Britain are eligible for the 144-hour visa-free policy at 37 entry ports across China for the purpose of short-term activities such as travel and business visits.
In addition, traditional tourism cities such as Guangzhou in the southern province of Guangdong, Xi'an in the northwestern province of Shaanxi, and Zhangjiajie in the central province of Hunan, have constantly increased international flight routes to attract more foreign tourists.
Zhangjiajie's sources of tourists have increased from 133 countries and regions in 2019 to the current 171 countries and regions.
"We are from Thailand. Zhangjiajie is a natural world heritage site with a breathtaking scenery. Each tour group has 35 members. We came together in five groups with more than 100 people," said a tour guide from Thailand.
"The Zhangjiajie port has been hustling since the Mid-Autumn Festival, with around 1,200 people entering the city per day. Based on the current trend, this figure is expected to rise to around 1,500, an increase of 20 percent," said Zhuo Xing, a border inspection officer at the port.
China expects surges in entry-exit trips during upcoming National Day holiday
