China’s postal sector has seen steady expansion in terms of trade revenue and the number of packages handled in 2022, according to data released by the National Post Bureau.
The industry raked in more than 1.35 trillion yuan (regarding 199.4 billion US dollars) in 2022, a year-on-year increase of 6.9 percent, while its business volume increased 2.7 percent from the previous year. previous year, according to the bureau.
Chinese delivery companies handled 110.6 billion packages last year, up 2.1 percent year-on-year. Their combined revenue reached 1.06 trillion yuan during this period, up 2.3 percent year on year.
The total revenue of China’s postal sector is expected to grow by 6% in 2023, and that of the delivery sector is expected to grow by 7%, according to the bureau’s forecast.
