Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
China's postal business revenue surged to $12.9 bln
Adjust font size:

China's post service business revenue stood at 93 billion yuan (12.9 billion U.S. dollars) in 2007, up 16 percent year on year, Xinhua learned Friday from a work conference of the Chinese State Post Bureau.


"The year of 2007 was the fastest growing year of the country's post industry and the China Post Group saw robust growth of postal, financial and express services," said Ma Junsheng, director of the bureau at the conference.


The development goal for the country's post industry in 2008 includes increasing the total business revenue to 106.5 billion yuan, improving the express service qualities and establishing a post service quality appraisal system.


Ma said the country was scheduled to help every village in the country to have access to post services in 2008.


In 1998, China carried out the reform to separate postal and telecommunications businesses from each other nationwide, and in 2005 the government carried out further reforms to separate administration from business operation in the postal sector.


Under the new postal system, postal enterprises operate independently while administrative departments supervise the industry according to law.


In January 2007, the restructured State Post Bureau and the China Post Group had officially started operation. By September 4 last year, all postal businesses at the provincial level had been separated from administrative functions.


(Xinhua News Agency January 26, 2008)


Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- New gear to fight slippery snow
- Supplies ensured despite heavy snow
- A pint of beer is better than water after a workout
- Another 22 post offices to operate for the Games
Most Viewed >>
-January CPI expected to rise 6.5%
-Lucrative Yuanmingyuan duplication scheme
-Lenovo to sell mobile unit for US$100m
-Tight monetary policy must not be eased
-Emergency coal shipped to power plants in S China

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号