BEIJING, Nov. 14 (Xinhua) — China’s postal industry maintained double-digit growth in the first 10 months of the year, with business revenue soaring 17.8 percent year on year, official data showed.
The sector raked in more than 1.03 trillion yuan (about 160.8 billion U.S. dollars) during the period, according to the State Post Bureau.
In October alone, the sector’s total business revenue rose 10.9 percent year on year to 108.65 billion yuan.
China’s courier companies handled 86.72 billion parcels from January to October, surging 34.7 percent from a year earlier. Their combined business revenue amounted to 833.98 billion yuan during the period, a yearly increase of 20.7 percent.