China’s postal sector sees rapid Q1 growth

BEIJING (XINHUA) – China’s postal industry registered faster growth in revenue and business volume for the first quarter of 2021, official data showed.

From January to March, the business revenue of the sector totalled CNY297.07 billion (about USD45.5 billion), up 35.5 per cent year on year, according to a statement released by the State Post Bureau.

Business volume jumped 50.3 per cent from the same period last year to CNY302.92 billion in Q1, the statement said.

In March alone, the business revenue and business volume of the sector gained 21.1 per cent and 36.3 per cent.

File photo shows a postal worker packing mail at the township branch of China Post in Chunhua township of Hunchun city, Northeast China’s Jilin province. PHOTO: XINHUA