China's express service firms' revenue up 23.1 percent in Q1


(MENAFN) According to the State Post Bureau, Chinese postal and express service companies posted a revenue increase of 23.1 percent in the first quarter on-year, Xinhua reported.

Private express firms' market share continued to expand, with their volume reaching 85.8 percent in the January-March period, marking an increase of 4.2 percent on-year.

Express service in central and western China showed stronger growth rate of more than 30 percent thanks to the country's strategic policies to support the development of the region.

Meanwhile, express service within cities grew by about 50 percent in business volume and revenue, indicating the sector's structural changes due to more expansive stocking stations.


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