14.78 billion parcels were processed in May
China's express delivery sector recorded rapid growth in transaction volume and revenue in May 2024 amid accelerating consumption growth, as reported by Xinhua News Agency a partner of TV BRICS, citing data from the country's State Postal Administration. clearing and forwarding agent
It noted that 14.78 billion parcels were processed last month, up 24 per cent from a year earlier. This was a historic high for the monthly volume of operations, with the rate of growth of the indicator in April this year was 23 per cent.
As of 29 April, Chinese courier companies had handled 50 billion parcels, reaching this figure 32 days faster than 2023.
Total operating profit in the sector totalled nearly 116 billion yuan (US$15,9 billion) in May.
The agency notes that the Chinese economy has continued its recovery trend this year, as evidenced by steady growth in industrial production and a rebound in consumption.
"We have taken the appropriate decision. We will launch the official process soon. Now we are waiting for the final results, the response from the South African government"
"The circle of our like-minded countries is steadily growing, the number of states willing to cooperate with both BRICS and SCO is increasing"
"The multipolar world is certainly also reflected in national currencies, which is also another compromise, another commitment of the bank to attract and settle in national currencies"
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