Beijing, China — The express delivery sector in China has reported remarkable growth in the first three quarters of 2024, with revenue exceeding 1 trillion yuan ($140 billion), marking a year-on-year increase of 14.1%, according to the State Post Bureau.
During this period, the volume of express deliveries reached 123.77 billion packages, reflecting a significant year-on-year rise of 22%. Inter-city delivery has been the primary driver of this growth, contributing nearly 90% to the overall delivery volume surge nationwide.
Intra-city delivery growth has also stabilized, with an 18.4% year-on-year increase. Monthly delivery volumes have consistently exceeded 14 billion pieces since May, with September alone seeing 14.97 billion packages delivered—a rise of 18.7% compared to the previous year.
Regional breakdowns indicate that the eastern, central, and western regions accounted for 72.6%, 18.6%, and 8.8% of the national express delivery volume, respectively. Both the western and central regions saw increases of 0.9 and 1.3 percentage points from last year.
In addition to these trends, companies in the sector are increasingly exploring artificial intelligence applications. Recent policy support for low-altitude air delivery services has also spurred the expansion of drone delivery initiatives across several regions.