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2021-05-15 07:00:11 GMT2021-05-15 15:00:11(Beijing Time) Xinhua English BEIJING, May 15 (Xinhua) -- China's postal industry registered a notable growth in the first four months of this year, official data showed. The business revenue of the sector amounted to 397.05 billion yuan (about 61.53 billion U.S. dollars) in the period, up 28.5 percent year on year, according to the State Post Bureau. In April alone, the postal sector raked in 99.98 billion yuan, up 11.3 percent year on year. From January to April, the country's delivery services providers handled a total of 30.43 billion parce...

China’s carbon neutral goal: Cainiao, JD.com and online retailers say all that mountain of plastics and packaging have to go Illustration: Henry Wong/SCMP Outside a residential compound in the Longhua district in southern China's technology metropolis Shenzhen, home to some of the country's most advanced companies, a quiet revolution is unfolding. A green, giant recycling bin outside the delivery room of the compound receives discarded cartons, plastic wrappings and packaging of nearly 1,000 parcels on an average day. Operated by Cainiao, the logistics arm of Alibaba Group Holding, the rec...

April 19, 2021 BEIJING (XINHUA) – China’s postal industry registered faster growth in revenue and business volume for the first quarter of 2021, official data showed. From January to March, the business revenue of the sector totalled CNY297.07 billion (about USD45.5 billion), up 35.5 per cent year on year, according to a statement released by the State Post Bureau. Business volume jumped 50.3 per cent from the same period last year to CNY302.92 billion in Q1, the statement said. In March alone, the business revenue and business volume of the sector gained 21.1 per cent and 36.3 per cent. ...

news You are using an older browser version. Please use a supported version for the best MSN experience. A brutal price war is ravaging couriers in China’s live-streaming e-commerce hub, where not even SF Express is spared After Indonesian delivery company J&T Express precipitated a price war in Yiwu, in China’s eastern Zhejiang province, the municipal government stepped in, telling the company to raise its prices above its rate of 15 US cents for a single package. Illustration: Henry Wong In a village 250 kilometres (150 miles) southwest of Shanghai, along a street peppered with ricksh...

news China's postal sector sees rapid Q1 growth Zhang Yiyi,unreguser © Provided by N.C.N. Limited A postal worker sorts out packages with her colleague at the Arxan branch of China Post in the city of Arxan of Hinggan League, north China's Inner Mongolia Autonomous Region, Jan. 7, 2021. (Xinhua/Li Zhipeng) BEIJING, April 18 (Xinhua) -- China's postal industry registered faster growth in revenue and business volume for the first quarter of 2021, official data showed. From January to March, the business revenue of the sector totaled 297.07 billion yuan (about 45.5 billion U.S...