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China responsible for nearly 40 percent of global cross-border parcel shipment

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China responsible for nearly 40 percent of global cross-border parcel shipment Others

China is an important participator of cross-border parcel delivery. Parcels from China accounted for 38 percent of cross-border packages worldwide, according to the country’s postal authorities, Xinhua reported on Nov. 26.
The country’s postal industry handled 350 billion yuan (about $50 billion) worth of cross-border e-commerce transactions, said Ma Junsheng, head of the State Post Bureau, at the 2019 Universal Postal Union Global Conference on Cross-border Cooperation in an E-commerce World held in the coastal Chinese city of Xiamen.
Last year, the China Post Group was responsible for 70 percent of cross-border parcel delivery globally, data showed. The commodities were mainly electronic products, healthcare, and beauty products.
So far, more than 10 million parcels weighing 2,000 tons have been delivered to 24 countries in Europe, through railway services such as China-Europe freight trains as well as railway and highway services between China and Russia.
In the first 10 months of the year, retail sales of exported commodities eyed by cross-border e-commerce management platforms reached 139.6 billion yuan, up 25.5 percent year-on-year, according to the General Administration of Customs.
Post is becoming the primary option for cross-border e-commerce logistics, said Zhang Ronglin, vice general manager of the China Post Group.

(Source: People's Daily Online)

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