Global express delivery grows despite headwinds

Despite international instability and economic uncertainty over the past year, the global express delivery market has bucked the downward trend and witnessed healthy development, according to a report released on Wednesday.

An important part of the global supply chain, express delivery has weathered strong headwinds such as high inflation, geopolitical tensions and the pandemic, the report said.

The annual report, first published in 2019, was issued by the Development and Research Center of the State Post Bureau, China's national regulator for postal and express delivery services, at the fifth China (Hangzhou) International Express Delivery Conference in Tonglu, Zhejiang province.