China’s courier sector sees notable growth, June industry report reveals
China’s courier sector exhibited noticeable growth in June, according to a recently-released industry update.
As per the State Post Bureau, the index illustrating the development of express delivery for June showcased a notable increase. Recorded at 366.3, it marked a tectonic jump, expanding by 26.6% compared to the same timeframe the prior year.
Parsing the various sub-indices provides an even more detailed view of this development. The service quality sub-index witnessed a whopping surge of 58.6% on a year-on-year basis. Similarly, the sub-index breaking down the scale of development demonstrated a healthy climb of 14.4% as compared to the statistics from a year ago. Not falling far behind, the sub-index encapsulating the delivery sector’s developmental capacity, too, showed an increase of 1.6%.
This comprehensive index is compiled leveraging data harvested from leading logistics firms offering delivery services. It stands as a reliable testament to the overarching business activities and prevalent trends within China’s burgeoning courier sector.
With the present numbers acting as evidence, a robust, upward trend seems to be firmly in place, hinting towards continued growth and expansion in the sphere of express courier services within the country.
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