China’s postal industry posts stable growth in H1

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China’s postal industry reported stable growth in business revenue in the first half (H1) of this year, data from the State Post Bureau showed on Wednesday.

During the period, revenue of the postal sector totaled 654.31 billion yuan (about 97.25 billion U.S. dollars), up 6.5 percent, year on year.

In June alone, the sector raked in 122.53 billion yuan in business revenue, a year-on-year growth of 9.3 percent.

China’s express delivery companies handled 51.22 billion parcels in the first six months, surging 3.7 percent from a year earlier. Their business revenue amounted to 498.22 billion yuan during the period, an increase of 2.9 percent year on year.—Xinhua

 

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