China's postal sector sees rapid growth in July

2019-08-14
Xinhua

BEIJING — China's postal sector registered a rapid growth in business revenue in July, official data showed.

The sector's business revenue surged 22.9 percent to 75.86 billion yuan (about $10.79 billion) last month, according to a statement from the State Post Bureau.

Meanwhile, business volume hit 132.18 billion yuan, up 33.7 percent year-on-year, the statement said.

China's express delivery firms handled 5.25 billion parcels in July, up 28.6 percent from one year earlier. Their total revenue soared 26.3 percent year-on-year to reach 60.84 billion yuan.

In the first seven months, business revenue of the postal sector amounted to 528.71 billion yuan, up 21.3 percent year-on-year, the statement added.