BEIJING — 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) 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.