Chi­nese spend more on ex­press de­liv­ery

The Star Early Edition - - BUSINESS REPORT - Xin­hua

CHI­NESE spent more on ex­press de­liv­ery ser­vices last year, while av­er­age de­liv­ery costs con­tin­ued to drop, ac­cord­ing to an in­dus­try re­port.

Chi­nese av­er­age spend­ing on ex­press de­liv­ery stood at 287 yuan ($42) last year, up 42.7 per­cent year on year, ac­cord­ing to a re­port re­leased by the State Post Bureau.

Mean­while, av­er­age cost dropped from 13.4 yuan per piece to 12.7 yuan per item and sur­vey showed that con­sumers are in­creas­ingly sat­is­fied with the ser­vice.

A to­tal of 31.3 bil­lion parcels were de­liv­ered last year, up 51.4 per­cent year on year.

The sec­tor gen­er­ated 397 bil­lion yuan in rev­enue last year, up 43.5, the bureau said.

The tar­get an­nual rev­enue of the courier sec­tor will be 800 bil­lion yuan in 2020, the State Coun­cil re­ported in a doc­u­ment last Oc­to­ber.

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