In the first three quarters, China's postal industry continued to operate at a high level, showing an overall stable, stable and progressive trend

In 2021, China's postal industry will continue to promote the high-quality development of the industry. Recently, the relevant person in charge of the State Post Bureau said that in the first three quarters, China's postal industry continued to operate at a high level, showing an overall stable, stable and progressive trend, the transformation and development continued to strengthen, the cooperation was deepened, the vitality of factors was continuously released, and new results were achieved in high-quality development, laying a solid foundation for the completion of the annual goals and tasks, and making positive contributions to the overall promotion of epidemic prevention and control and economic and social development.

According to the data released by the State Post Bureau, in the first three quarters, the total business volume and business income of China's postal industry reached 981.54 billion yuan and 927.93 billion yuan, an increase of 29.3% and 18.7% respectively, an increase of 2.2 and 5.1 percentage points respectively over the same period last year. Among them, the volume and revenue of express delivery business reached 76.77 billion pieces and 743.08 billion yuan, an increase of 36.7% and 21.8% respectively.

The growth rate of express delivery business has stabilized The growth rate of delivery business has accelerated significantly

The above-mentioned person in charge said that affected by last year's base factors, the development of China's postal industry showed a trend of "high before and low after, and gradually returning".

In the first three quarters, China's postal delivery service business volume reached 19.54 billion pieces, an increase of 3.1% year-on-year; business revenue reached 28.28 billion yuan, down 6.8% year-on-year. In the third quarter, the revenue growth rate turned from negative to positive, an increase of 2.3% year-on-year, the business volume increased by 8.7% year-on-year, and the growth rate of volume and revenue increased by 8.2 and 12.8 percentage points respectively over the first half of the year.

In the first three quarters, the volume of express delivery business and business revenue increased by 36.7% and 21.8% year-on-year, respectively, an increase of 8.8 and 6.1 percentage points over the same period of the previous year. The above-mentioned person in charge said that due to the external environment, the domestic epidemic situation and the increase in the base number in the same period last year, the growth rate of express delivery business volume in the third quarter has declined, compared with the second quarter, the growth rate of business volume fell by 5.7 percentage points, and the growth rate fell to less than 20% in September. Seasonal fluctuations have been "ironed", affected by the rapid development of live e-commerce, online consumer demand diversion, e-commerce platform holiday promotion effect has been weakened, and the monthly distribution of pieces is more balanced.

Universal service functions continue to strengthen the growth rate of off-site business continues to lead

The software and hardware facilities of the township bureaus have been further strengthened, and the level of service standardization and standardization has been comprehensively improved. As of the end of September, a total of 139,000 organized villages across the country have achieved express delivery into villages through the cooperation of postal express delivery enterprises, and the coverage rate of established villages has reached 27%.

The postal comprehensive service platform continued to expand, as of the end of September, the number of police post and tax post cooperation outlets nationwide reached 11,000 and 18,000 respectively, and 1,125 outlets in 71 prefectures and cities in 16 provinces opened police and medical mail remote physical examination services.

In the first three quarters, the international/Hong Kong, Macao and Taiwan express delivery business volume reached 1.58 billion pieces, an increase of 25.6% year-on-year, 0.2 percentage points higher than the same period last year. The export volume and import volume of international postal express of major enterprises increased by 15.8% and 27.8% respectively year-on-year. Europe is the main destination for China's postal express exports, and Asia is the main source of China's imported postal express. However, since the third quarter, affected by relevant international policy factors, the growth rate of international/Hong Kong, Macao and Taiwan express delivery business has declined, with a year-on-year growth rate of -0.8%, -4.4% and 0.2% in the months of July and September, respectively, and the growth rate in September has turned positive.

In the first three quarters, the volume of off-site business completed 65.09 billion pieces, an increase of 41.5% year-on-year, higher than the average growth rate of express delivery business by 4.8 percentage points, accounting for 84.8% of the total express delivery business, an increase of 2.8 percentage points year-on-year, and the contribution rate of off-site to the growth of express delivery business exceeded 90%, reaching 92.4%, which is the main power source for the growth of express delivery business. The business volume in the same city reached 10.1 billion pieces, an increase of 13.8% year-on-year, an increase of 0.5 percentage points over the same period last year.

The rise of Central Express has not diminished the obvious differentiation of inter-city express delivery business

In the first three quarters, the proportion of express delivery business in the east, central and western regions was 78.3%, 14.3% and 7.4% respectively, and the proportion of business revenue was 78.3%, 12.8% and 8.9% respectively. Compared with the same period last year, the proportion of express delivery business in the central region increased by 1.3 percentage points, the highest increase in recent years, and the growth rate of the central provinces was higher than that of the whole country, of which the growth rate of Hubei, Shanxi and Jiangxi exceeded 50%. Guangdong and Zhejiang completed 20.97 billion pieces and 16.01 billion pieces respectively, an increase of 37.8% and 35.9% year-on-year, accounting for 48.2% of the country, an increase of 0.1 percentage points year-on-year. The western region as a whole maintained rapid growth.

The overall growth rate of express delivery business volume in the head city slowed down, and in the first three quarters, the top 10 cities in terms of express delivery business volume completed a total of 34.7 billion pieces, an increase of 30.3% year-on-year. Among them, the growth rate of Guangzhou, Jieyang and Quanzhou is higher than the national average. The proportion of provincial capital cities continued to decline, and from January to September, the proportion of express delivery business in provincial capital cities was 35.8%, 1.1 percentage points lower than that of the same period last year. From January to September, the central Wuhan, Taiyuan, Nanchang and Zhengzhou, express delivery business increased by 62.6%, 56.3%, 50.2% and 44.2% respectively year-on-year, and the growth rate of Xining, Yinchuan, Urumqi, Chongqing and Kunming in the west exceeded 40%.

The market concentration index remained stable and express delivery prices showed positive changes

With the improvement of the standardization of the e-commerce market, the pattern of e-commerce competition has changed, which has an impact on the express delivery and parcel markets. From January to September, the express and parcel service brand concentration index CR8 was 80.8, unchanged from the first half of the year and down 2.1 from the same period last year. The performance of listed enterprises continues to be under pressure, the short- and medium-term financing needs of enterprises are strong, the pace of listed financing is accelerating, and the number of mergers and acquisitions has increased.

Express delivery enterprises have a strong willingness to invest, industrial park investment is the main investment direction, through the park to achieve functional integration, industrial agglomeration, express delivery economy prototypes appear. The market value of the express delivery sector has risen rapidly, and the stock prices of e-commerce express delivery companies have risen significantly.

Since the third quarter, due to factors such as the rise in terminal dispatch fees and rising costs, the unit price of express delivery has increased month-on-month. Among them, the same city rose from 5.4 yuan in July to 5.7 yuan in September, the other place rose from 5.5 yuan in July to 5.6 yuan in September, and the international/Hong Kong, Macao and Taiwan rose from 61.7 yuan in July to 63.2 yuan in September. From a regional point of view, Zhejiang, Guangdong, Hebei, Fujian, Henan have all risen, of which Zhejiang express prices have risen for three consecutive months.

Source: People's Daily News