BEIJING — China's postal industry registered higher revenue and business volume in the first quarter despite impact of the COVID-19 epidemic, official data showed.
From January to March, the business revenue of the sector totaled 219.22 billion yuan (about $31.18 billion), up 0.8 percent year-on-year, according to a statement released by the State Post Bureau.
Business volume expanded 7.5 percent from the same period last year to 347.59 billion yuan in Q1, the statement said.
In March alone, business revenue and business volume of the sector jumped 13.4 percent and 23.8 percent, respectively.
During the same month, China's express delivery firms handled 5.98 billion parcels, up 23 percent from one year earlier, with their business revenue surging 12.3 percent year-on-year to 66.91 billion yuan.
The total revenue achieved by the express delivery firms reached 153.4 billion yuan, down 0.6 percent from a year ago, the statement added.