China's courier sector saw its delivery volume exceed 100 billion parcels as of Tuesday, which is 71 days earlier than in 2023, with monthly average business volume and revenues hitting record highs, according to the State Post Bureau.
This milestone has come amid the ongoing expansion of the courier business, said the bureau. So far this year, the average monthly parcel volume has exceeded 13 billion, and the average monthly business income of the sector has topped 100 billion yuan (about 13.94 billion U.S. dollars).
The courier market is seeing accelerated growth in the central and western regions of the country, with improving industry-wide infrastructure, more efficient connection between the place of origin and the consumer market, better integrated cold-chain logistics and two-way flows of parcels in rural areas.
The latest data showed that the delivery volume in rural areas of China has gained a 10-fold increase in the past decade. So far China has built more than 1,200 county-level public delivery service centers and more than 300,000 village-level delivery logistics comprehensive service stations, forming a relatively complete rural delivery logistics system.
"We have stepped up the construction of delivery logistics system in rural areas and diversified the development of services. The convenient and efficient delivery service network has gradually become an important channel to promote the circulation of urban and rural products. As China’s economy continues to pick up and consumer demand remains strong, the express delivery industry has actively tapped into new fields such as factory services, tourism services, and event services, with the market size expanding steadily. The progress highlights the prosperity and vitality of China's express delivery market and the continuous improvement of development quality and efficiency, and moreover shows the vitality and resilience of China's economy," said Wang Yuehan, an official with the bureau.