China's express delivery sector handles 50 billion parcels in 2024 Q1



China's express delivery industry saw robust expansion in the first four months of 2024. Express courier firms nationwide had handled over 50 billion parcels as of April 29, 32 days ahead of 2023, data from the State Post Bureau (SPB) showed.


Over 100 million express packages went through the rural areas this year on a daily basis, with the business volume surging in the central and western regions.


China's courier sector is witnessing an intelligent transformation, involving the intellectual reconstruction of large-scale express distribution centers and rapid application of unmanned warehouses, unmanned vehicles and drones. 


The express delivery development index was 329.6 in the first two months of 2024, up 26.7 percent from the same period last year.


The sub-index for development scale increased 29.8 percent year on year to 407.1, partly thanks to the high delivery demand during the Spring Festival holiday. The sub-index for service quality grew 39.4 percent from a year earlier, and the sub-index for development capacity increased 7.1 percent year on year, the SPB data showed.


The index is compiled based on data from major logistics firms operating delivery services, reflecting the overall business activities and trends in China's courier sector.