China’s Express Sector Revenue Rose 14.2% to USD133 Billion in 1st 10 Months(Yicai Global) Nov. 13 -- The revenue of China's express-postal sector totaled CNY879.6 billion (USD133 Billion) from January to October in a yearly 14.2 percent rise, the State Post Bureau announced today.
The sector’s revenue was CNY97.9 billion in an annual 19.2 percent increase last month.
The total business volume of express service companies in China reached 64.4 billion units from January to October in a 29.6 percent yearly growth. Revenue totaled CNY691 billion, an increase of 16.5 percent.
The business volume of express firms in China was 8.23 billion units last month, up 43 percent annually. Revenue was CNY81.1 billion, 23.3 percent more per year.
Editor: Ben Armour, Xiao Yi