China's postal sector reports robust revenue growth in Jan-Feb

BEIJING -- China's postal industry reported a robust increase in business revenue in the first two months of this year, official data showed.

The sector raked in a total of 216.8 billion yuan (about $34.18 billion) during the period, up 15.7 percent year-on-year, according to the State Post Bureau.

In February alone, the sector's business revenue grew 27.3 percent year-on-year to 89.69 billion yuan.

China's express delivery companies handled 15.69 billion parcels in the first two months, surging 19.6 percent from a year earlier. Their business revenue amounted to 157.4 billion yuan during the period, an increase of 13.8 percent year-on-year.