What new information is revealed?, Hot review | Express delivery exceeding 10 billion pieces per month becomes the norm

Release time:Apr 15, 2024 09:20 AM

"Many people do not have a house number at their doorstep, making it inconvenient to receive packages. Sometimes, they simply fill in my name in the recipient column." This is the story of Tan Shiwang, a courier from Shitai County, Anhui Province. Running 8 towns and 200 kilometers every day, with an average delivery of about 300 orders... This villager "recipient" used his hard work to get through the "last mile" of express delivery into the village and households.

Every extension of service tentacles, every steady arrival, is committed to achieving steady growth. 70.3 billion pieces, which is the cumulative figure of the national express delivery business volume in the first seven months, steadily achieving a monthly average of "tens of billions", a year-on-year increase of 15.5%. This also means that since the beginning of this year, the average person in China has received nearly 50 parcels per person.

Previously, a high-frequency term describing the express delivery industry was "new high". Looking at the growth of express delivery business in recent years, it can be found that after entering the "hundred billion item era" in 2021, the express delivery business volume completed 110.58 billion items in 2022. Express delivery has become a necessity in our daily lives.

Entering 2023, "billions of items per month and a net increase of 1 billion items year-on-year" has become the norm. Why has the express delivery industry developed such new characteristics and what are the driving forces for growth?

What new information is revealed?, Hot review | Express delivery exceeding 10 billion pieces per month becomes the norm

"Seasonal fluctuations are smoothed out, and the monthly distribution of business volume tends to be more balanced. The off-season is not dull," Liu Jiang, Director of the Strategic Planning Research Department of the Development Research Center of the National Postal Administration, told "Hot Review". The main reasons for the stable growth rate and considerable increment of industry operation can be attributed to these key words: supply, demand, and new driving forces.

Looking at the trend from both supply and demand sides. The industry's supply capacity has been improved, with major express delivery enterprises increasing infrastructure construction, a number of regional postal and express hubs and industrial parks being put into use, and the application of automated sorting equipment being promoted to fourth - and fifth tier cities; Market demand continues to release. Online shopping remains the main driving force for industry growth. From January to July, the online retail sales of physical goods in China increased by 10% year-on-year. The contribution of live streaming e-commerce to the growth of express delivery has significantly increased, and its generated express delivery business accounts for more than 20% of the total express delivery volume.

Looking at growth from the perspective of new driving forces. The growth rate of rural express delivery, factory express delivery, and cross-border express delivery business is higher than the overall growth rate of the industry, becoming a highlight of industry growth. "The distance between good products and consumers is often just one express delivery." Indeed, express delivery is "entering the village, entering the factory, and going out to the sea", creating a larger market space and a rhythm of gear shifting and upgrading.

"Entering the village": This year, the growth rate of rural express delivery business is more than 10 percentage points higher than that of urban areas. Consumer goods such as Guangdong lychees, Yunnan cabbage, and Shandong peonies are brought in, and agricultural products are shipped out, so that farmers' wallets can be more swollen. Entering the factory, producing upstairs and shipping downstairs has achieved breakthroughs in multiple fields such as automobiles, electronics, pharmaceuticals, clothing, and fast-moving consumer goods, and service capabilities continue to enhance. Going abroad, the backbone network connects major economies around the world. One noteworthy data is that in July, the international/Hong Kong, Macao, and Taiwan express delivery business volume reached a record high of 250 million items.

Contacting thousands of households and connecting thousands of cities and industries, over 4 million express delivery drivers shuttle through the streets and alleys nationwide every day. It is expected that the total volume of express delivery business this year will exceed 120 billion, with a growth rate of over 10%. Express delivery has become an important indicator of whether the economy is hot or not. In the journey of crossing mountains and seas, and in the rising numbers, feel the strong resilience and potential of the Chinese economy.

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