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China Issues Guidelines to Boost Express Delivery Industry

The Opinions on Promoting the Development of the Express Delivery Industry recently issued by the State Council put forward China's aim to deliver 50 billion express parcels annually by 2020.

As China's first comprehensive guide for the express delivery industry, this programmatic document put forward the overall requirements, key tasks and policy measures for the development of this sector.

The express delivery industry is an integral part of the modern services sector as well as a modern forerunner industry for promoting the transformation of the means of circulation and the upgrade of consumption. It plays a positive role in lowering the cost of circulation, supporting e-commerce, serving production and livelihood needs, and expanding employment.

The Opinions proposed the following tasks: Making China the world's biggest express delivery market with services covering every village and with the aim of delivering 50 billion express parcels annually and generating Rmb800 billion in annual business turnover; building a number of express air cargo hubs connecting domestic and overseas airports and forming internationally competitive express delivery enterprises; and steadily enhancing service quality by ensuring that express items between major domestic cities will be delivered within 48 hours and that international service will cover more countries with higher speed. A technologically advanced, safe, efficient and energy-saving express delivery service system that provides excellent service and benefits both town and country will be basically in place by 2020. This service network that covers the whole country and connects the whole world will create about 200,000 new jobs annually, support Rmb10 trillion in online retail sales annually, and serve over 270 million users on a daily basis.

Content provided by Picture: HKTDC Research
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