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China's courier sector recovers in June

Updated: July 10, 2022 07:04    Xinhua

BEIJING — China's courier sector accelerated its recovery in June, a monthly industry index shows.

The China express delivery development index stood at 289.4 last month, up 7.5 percent month-on-month, the State Post Bureau said.

The sub-index for development scale rose 12.1 percent month-on-month to 386.5, and the sector's business revenue is expected to near 500 billion yuan (about $74.5 billion) in the first half of the year.

In June, the sub-index for development capacity rose 11.7 percent month-on-month, while that for service quality and development trend remained almost flat.

In the second half of the year, with stabilizing policies taking effect and online consumption recovering, the sector will play a more important role in smoothening economic circulation and shoring up the real economy, according to the bureau.

Compiled on the basis of data from major logistics firms operating delivery services, the development index reflects the overall business activities and trends in the country's courier sector.

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