Express deliveries here speed to No 1 worldwide

Growth during just the past four years has led China to surpass developed economies such as the United States and Japan and rank first globally in the number of express packages delivered last year, the State Post Bureau said on Tuesday.

The bureau, which operates China Post, the national postal service, said 40.06 billion express packages were delivered in 2017, 33 times the number in 2007. That equals an increase of 42 percent annually.

Ma Junsheng, head of the State Post Bureau, said the express delivery industry generated about 500 billion yuan ($79 billion) in revenue last year.