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China has more than 2,000 registered express mail firms by Aug

Source:   Time:

  The number of registered express mail service companies in China surpassed 2,000 by the end of August, China's State Post Bureau (SPB) said over the weekend.

  The industry employed more than 400,000 staff members and reported an annual business revenue more than 50 billion yuan ($7.32 billion), according to the bureau.

  Governmental figures showed that the combined business revenue of express mail service firms rose 23.1 percent in July from a year earlier to 4.19 billion yuan across the country.

  An Ding, director-general of the Department of Market Supervision and Inspection under the SPB, said Friday despite the rapid growth of the domestic express mail market, there still remained problems including low-quality services and low threshold of market access that needed to be addressed.

  

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