China - Express Delivery China - Express Delivery
China’s express delivery service (EDS) industry has been growing fast given the country’s continued economic growth, especially that of the ecommerce sector. Statistics from the State Post Bureau (SPB) show that in 2015 the express delivery sector had a total revenue of RMB 272 billion ($41.6 billion) and delivered 20 billion items. The SPB calculated that, in 2015, an average of 14.2 express delivery packages were sent for every person in China.
Major foreign EDS firms including FedEx, UPS and DHL have set up wholly-owned subsidiaries in China. China’s private EDS firms now hold 85.6 percent of the express delivery market thanks to the fast growth of the country’s ecommerce business, while foreign EDS firms mainly focus on international delivery for high-end, multinational clients.