China’s courier sector sees notable growth, June industry report reveals

Photo courtesy of Xinhua/Ren Chao, Bangkok Post

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.

In related news, read about the trade war triggering fear of new EV chip shortage from China’s export limit.

China News

Alex Morgan

Alex is a 42-year-old former corporate executive and business consultant with a degree in business administration. Boasting over 15 years of experience working in various industries, including technology, finance, and marketing, Alex has acquired in-depth knowledge about business strategies, management principles, and market trends. In recent years, Alex has transitioned into writing business articles and providing expert commentary on business-related issues. Fluent in English and proficient in data analysis, Alex strives to deliver well-researched and insightful content to readers, combining practical experience with a keen analytical eye to offer valuable perspectives on the ever-evolving business landscape.

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