Express delivery sector opens up

More overseas companies can now participate in the domestic market

Consumers will soon have a plethora of express delivery companies to choose from in China as the government has decided to open up the express delivery market to qualified foreign companies.

The decision to introduce more foreign investment in the sector was taken at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday. The central government will create a business environment in which both domestic and foreign express companies can compete fairly, said a note released after the meeting. The enhanced competition will be an incentive for domestic companies to improve their operations and services, stimulate domestic demand and create more jobs, it said.