China's postal sector logs robust growth in February

China's postal industry registered a robust expansion in both business revenue and parcel volume in February, official data showed. This was reported by The Xinhua News Agency.

The sector raked in ¥114.24 bln (about $16.54 bln) in business revenue last month, surging 27.4% year on year, according to the State Post Bureau.

China's express delivery service companies handled 9.18 bln parcels in February, a rapid year-on-year increase of 32.8%. Their business revenue jumped 29.3% from a year ago to ¥84.97 bln.

In the first two months, business revenue of China's postal industry rose 4.7% year on year to ¥226.92 bln.