China's parcel delivery on record high

2024 data shows sector has become pillar of thriving e-commerce services

China's parcel delivery industry shattered all previous records in 2024, handling a staggering 174.5 billion packages — equivalent to more than 124 per person in the country. The rapid expansion of the sector underscores not only the growing dependence of Chinese consumers on e-commerce, but also the increasing role express delivery plays as a barometer of the economy.

This explosive growth comes as no surprise. The total volume of express delivery services last year reached 174.5 billion parcels, marking a 21 percent increase over the previous year. Meanwhile, business income from these services surged to 1.4 trillion yuan ($191 billion), reflecting a 13 percent growth.

"The postal and express delivery industry has become a driving force in China's logistics sector, and for 11 straight years, it has ranked first globally in delivery volume," said Zhao Chongjiu, head of the State Post Bureau of China, at the bureau's annual conference on Wednesday in Beijing.