The state-owned postal service provider saw its revenue expand 8.26 percent year on year to 564.57 billion yuan ($78.64 billion) in the January-August period, according to data released by the company on World Post Day, which falls on Monday.
根据该公司在周一世界邮政日发布的数据，这家国有邮政服务提供商的收入在1月至8月期间同比增长8.26%，达到5645.7亿元人民币（786.4亿美元）。
In April, Cainiao signed a strategic partnership with Brazil Post, the national postal service of Brazil, to deepen collaboration in international express and logistics technology.
4月，菜鸟与巴西国家邮政服务机构巴西邮政签署了战略合作伙伴关系，以深化在国际快递和物流技术方面的合作。
In addition, in response to the problems found in the past law enforcement inspections, the financial authorities imposed administrative penalties on the Postal Savings Bank of China, Ping An Bank and PICC Property and Casualty Company.
此外，针对以往执法检查中发现的问题，金融部门对中国邮政储蓄银行、平安银行、人保财险公司进行了行政处罚。
Several major lenders such as Postal Savings Bank of China and China Merchants Bank have successfully adopted GaussDB for the core systems of their operations.
中国邮政储蓄银行和招商银行等几家主要银行已成功采用GaussDB作为其运营的核心系统。
Cainiao Network, the logistics arm of Chinese technology heavyweight Alibaba Group, announced on Friday that it has signed a strategic partnership with the Brazil Post, the national postal service of Brazil, to deepen collaboration in international express and logistics technology.
中国科技巨头阿里巴巴集团旗下的物流部门菜鸟网络周五宣布，已与巴西国家邮政服务机构巴西邮政签署战略合作伙伴关系，以深化国际快递和物流技术合作。
China Mobile, the nation's dominant mobile carrier, became the second largest domestic shareholder of the Postal Saving Bank of China, in a bid to provide stronger financial services in boosting the real economy and maintaining and increasing the value of state assets, a senior executive of the bank said on Friday.
中国邮政储蓄银行的一位高管周五表示，中国占主导地位的移动运营商中国移动成为该行的第二大国内股东，旨在为提振实体经济、维护和增加国有资产价值提供更强大的金融服务。
The coffee house is decorated in China Post's classic green color scheme and features iconic postal items such as postboxes.
咖啡馆采用中国邮政经典的绿色装饰，以邮箱等标志性邮件为特色。
The long-term plan is to expand operations based on the vast postal network around the country.
长期计划是以全国庞大的邮政网络为基础扩大业务。
"The post office will no longer be a simple place for postal services.
“邮局将不再是一个简单的邮政服务场所。
It's more about a social setting where people can try premium coffee drinks and experience postal culture.
它更多的是一个社交环境，人们可以在这里品尝优质咖啡饮料，体验邮政文化。
"Post Coffee needs to improve its brand image and promote postal culture, bringing better experiences to consumers," Wang added.
王补充道：“邮政咖啡需要提升品牌形象，推广邮政文化，为消费者带来更好的体验。”。
Wang Shuqi, chief strategy officer of Eyecool, said the company has worked with 80 percent of banks and financial institutions across the nation, including Industrial and Commercial Bank of China, Agricultural Bank of China, Postal Savings Bank of China and China Minsheng Bank.
Eyecool首席战略官王树琦表示，该公司已与全国80%的银行和金融机构合作，包括中国工商银行、中国农业银行、中国邮政储蓄银行和中国民生银行。
Australia Post, the government enterprise shouldering postal services in the country, is one of Mushiny's overseas customers.
澳大利亚邮政是负责该国邮政服务的政府企业，也是Mushiny的海外客户之一。
Ma Junsheng, head of the State Postal Bureau of China, said he has long urged parcel delivery companies to set their sights on foreign markets.
中国国家邮政局局长马俊生表示，他长期以来一直敦促包裹递送公司将目光投向国外市场。
Wu's remarks sought to quiet rumors floating in cyberspace that international courier players have suspended postal and parcel delivery services in China due to COVID concerns.
吴的讲话试图平息网络上流传的谣言，即国际快递公司因担心新冠肺炎而暂停了在中国的邮政和包裹递送服务。
The Postal Savings Bank of China, for example, has been stepping up loan approval process efficiency for local lighter manufacturers.
例如，中国邮政储蓄银行一直在提高当地打火机制造商的贷款审批效率。
"The post office would be no longer a simple place that offers postal service.
“邮局将不再是一个提供邮政服务的简单场所。
It is more about a new social networking place where people can try premium coffee drinks and experience postal cultures.
它更多的是一个新的社交场所，人们可以在这里品尝优质咖啡饮料，体验邮政文化。
"The diversified operations of China Post across different business sectors would help it attract more customer flows and promote its main businesses such as postal service as well as savings and financial services.
“中国邮政在不同业务领域的多元化运营将有助于吸引更多的客户流，并促进其主要业务，如邮政服务以及储蓄和金融服务。
China Post Group Corp, the country's largest postal service provider with nearly 1 million employees, will expand its cross-border service models from the belly compartments of civil aircraft and cargo flights to railway and shipping services during the country's 14th Five-Year Plan (2021-25) period, its business executives said on Tuesday.
To deepen its connection with economies involved in the BRI, Zheng said the group's long-term goal is to link its railway-based postal network with economies of the land-based Silk Road Economic Belt and the oceangoing 21st Century Maritime Silk Road, to expand international business, and drive transformation and development with innovative service solutions.
Jiang Yanzhao, chair of Rail Contact Committee of the Universal Postal Union, said China's efforts to improve international railway shipping rules and standards, together with the World Customs Organization, relevant international railway organizations and countries, will ensure the world's supply chain and provide a better platform for export-oriented companies to have another convenient option to ship their goods.
Apart from adding air and rail cargo postal services, China Post also reached agreements with postal authorities in Japan, New Zealand and Israel in the first quarter to conduct maritime postal delivery services by partnering with China COSCO Shipping Corp, another central SOE and the nation's largest shipping company, since the second quarter of last year.
As an essential part of the national economy, the strategic value of the postal and express businesses driven by strong market demand and technology upgrading will gain fresh momentum and be more digitalized to help facilitate China's economic growth this year, said Feng Hao, a researcher at the National Development and Reform Commission's Institute of Comprehensive Transportation in Beijing.
Restructured in 2019, China Post's business mainly focuses on postal services, express and logistics, finance and e-commerce.
Its branches at different levels provide universal postal and special services such as confidential communication and the distribution of newspapers and periodicals.
Postal Savings Bank of China Co recorded a net profit of 41.24 billion yuan ($6.37 billion) in the first half of this year, representing an increase of 22.48 percent year-on-year.
Most letters and parcels between major cities will be delivered within a dayChina's postal service will be speeded up, with most letters and parcels between major domestic cities delivered within one day, the State Post Bureau said on Monday.
The campaign, to be carried out by China Post, a State-owned enterprise that operates national postal services, will include expanding the postal route network, taking advantage of high-speed railway and air networks for faster transportation, and adding more vehicles to handle more letters and parcels.
The company also has about 90 interprovincial high-speed railway postal routes, reaching provinces including Sichuan, Jiangxi and Henan.
The latest figures show that China's postal industry maintained its robust growth in the first five months of the year.
China Post has optimized more than 400 postal routes, and added about 300 new routes, covering over 2,000 counties across China.
The express company also has operated nearly 90 inter-provincial high-speed rail postal routes, covering Sichuan, Jiangxi, Henan, Hunan, Shaanxi and other provinces.
On the world's top 500 companies list by Fortune Magazine, China Post ranked 90th, and won the second spot among global postal companies, following Japan Post.
Chinese postal authorities have told Deppon Logistics Co Ltd to conduct a safety overhaul on its whole network after the courier firm accepted and sent dangerous and prohibited items, endangering public security.
The administration and Qingpu district's police bureau, commercial commission and postal administration held a meeting with the logistics company on Nov 19 and ordered it to improve its waybill data management system.
According to the agreement, the three parties will form a joint venture to provide hydrogen service for commercial road transport vehicles in the fields of postal services, express and logistics and ballast soil transportation.
The move by the postal administration comes after some residential communities in Shanghai refused to use Hive Box due to new charges which were introduced in May.
In response to people's complaints, the postal administration in Shanghai said it will enhance regulation and supervision of such services and unveil more policy support regarding the planning, construction and operation of smart express lockers and package storage service stations.
Central SOE shipping more medical supplies to hard-hit areas around globeChina Post Group Corp, the centrally administrated State-owned enterprise with nearly 1 million employees, plans to add a number of international postal routes via air, sea and rail to deliver epidemic prevention and control products and industrial goods to countries in need in fighting COVID-19, executives said on Thursday.
Because there is not much potential for Chinese companies to lease cargo space in passenger aircraft of Chinese and European airlines, China Post－supported by the 33 cargo aircraft owned by its subsidiary China Postal Airlines－increased its service frequency on six regular international postal air routes such as services between Shanghai and Tokyo, and Zhengzhou, Henan province, and Seoul since mid-March.
Given the fact that its clients have different budget ranges for international delivery services, China Post began to adopt self-organized China-Europe freight trains for its postal services to Europe in April after using other domestic providers' networks in the first quarter.
Apart from adding air and rail cargo postal services, China Post also reached agreements with postal authorities in Japan, New Zealand and Israel in the first quarter to conduct maritime postal delivery services by partnering with China COSCO Shipping Corp, another central SOE and the nation's largest shipping company.
As an essential part of the national economy, the strategic value of the postal and express businesses－driven by strong market demand and technology upgrading－will gain fresh momentum and be more digitalized to facilitate China's economic growth this year, said Wen Shaoqi, the group's vice-president.
China Post's business mainly focuses on postal services, express and logistics, finance and e-commerce.
Its branches at different levels provide universal postal services and special services such as confidential communication and the distribution of newspapers and periodicals.
Postal Savings Bank of China Co Ltd posted 16.48 percent year-on-year growth of net profit attributable to bank shareholders in 2019.
Because several European airlines stopped passenger services between certain Chinese cities and their base airports in Europe amid the outbreak, China Post couldn't use their cargo space and started to rely on the operation of China-Europe freight train service to ensure its postal service in Europe.
The fundraising scale for the Beijing-Shanghai High-Speed Railway Co Ltd is only second to that of the Postal Savings Bank of China's IPO, according to the report.
"TAILG, which recently joined hands with the United Nations Environment Programme (UNEP), donated 30 units of electric vehicles to the Philippine Postal Corporation (PHLPost), helping the country's postal system to increase the use of clean mobility.
We're not the only postal operator to face challenges in its business – our letters volumes continue to decline.
A: Our international business has, at its core, international postal operations, which refers to the alignment we have with the other postal operators globally shipping smaller items that can go through the postal network.
We also have international commercial capabilities where the items being shipped are too big to go through the postal network.
Postal Savings Bank of China, a large State-owned commercial bank, issued domestic and overseas multi-asset allocation indexes recently, marking a crucial step of its asset management services towards index investing.
com Inc. is building up its own fleet of air and ground transportation to have more control of how its packages are delivered and cut its reliance on FedEx, UPS and the US Postal Service.
The cooperation will involve spheres including smart logistics, cloud computing and big data, with the aim of boosting the use of information and communication technology (ICT) in China Post's financial, delivery and postal business, and accelerate China Post's ICT digital transformation.
China Post and Huawei will jointly establish a laboratory for new technology application, while the Postal Savings Bank of China, affiliated to China Post, will collaborate with Huawei to build an innovation center.
China launched an investigation into FedEx because the United States express delivery service provider allegedly failed to deliver parcels to designated addresses, a violation of Chinese postal regulations, a senior official said, adding that all foreign delivery companies should obey local regulations when operating in China.
Postal service administrators have the right to look into any violations," he said without mentioning the names of the clients that lodged complaints.
Huawei said it has lodged a formal complaint with China's postal regulator about FedEx's misdeliveries of its parcels which it said only contained documents and no technology.
China's State Postal Bureau also confirmed to China Daily on Tuesday that it is investigating the issue.
The Zhejiang-based company said the technology, which has received advice and support from local postal sectors and public security departments, can better protect senders' individual privacy, and the whole process of sending packages will be simplified.
Cainiao Network and AliExpress, both under Chinese e-commerce powerhouse Alibaba, have joined hands with Correos, Spain's national postal service, to speed up cross-border logistics between China and Europe.
It has also partnered with the national postal service of several countries, including China and Russia, as well as a number of international airline companies such as Singapore Airlines and Emirates.
Cainiao Network Technology, the Alibaba-owned courier aggregator, signed a new strategic partnership with national postal service of Spain on Wednesday to speed up the country’s cross-border transportation of goods.
Last month, Cainiao announced it would join hands with Russian national postal operator to offer same-day delivery of China-made goods in Moscow among other big Russian cities.
Alibaba's smart logistics network Cainiao Network has attracted over 3,000 logistics companies worldwide and formed strategic cooperation with postal, air transport and maritime dedicated line networks with major countries in the world.
AliExpress, Chinese e-commerce giant Alibaba's online global retail platform, topped Israel's cross-border shopping websites in 2018, said a report by Israel Postal Company on Tuesday.
Tie-up with postal giant offers two firms broader prospects for growthChina Tower Corp, a mobile communication infrastructure company that runs almost all of the country's telecom towers, signed a strategic partnership with China Post Group Corp on Monday, as the two State-owned enterprises seek to reinvigorate their businesses by sharing resources.
China Post is also seeking new growth momentum after its traditional postal and delivery services encounter challenges.
By leveraging its sprawling postal delivery network and its prowess in warehouse management capabilities, China Post also said it will help China Tower better store and transport the telecom equipment needed to build information infrastructure.
Despite being the largest flotation in the world since Postal Savings Bank of China's HK$56.6 billion offering in 2016, the blockbuster IPO turned out to be the least sought-after in recent months, only attracting 45,800 retail investors.
That would make it the biggest float since Postal Savings Bank of China Co Ltd's $7.4 billion IPO two years ago.
The State-owned postal service provider also aims for over 90 percent of its waybills to be digital waybills and for more than half of its packaging materials to be degradable by 2020.
The Postal Savings Bank of China (PSBC), a subsidiary of the China Post, reported an outstanding balance of loans for environmental protection projects worth about 180 billion yuan as of the end of last year.
According to the Yangtze River Delta region express service development plan for the 13th Five-Year Plan (2016-20) period issued jointly by the postal administrations of Shanghai, Zhejiang and Jiangsu provinces, the annual courier volumes of the region will reach 26.5 billion packages by 2020, taking up 38 percent of China's total.
[Photo/IC]SANTIAGO - Online retailer AliExpress has emerged as the leading source of exposure for Chinese businesses looking to sell their products to Chilean consumers, Katherine Cid, operations manager at Chile's state-run postal service Correos, told Xinhua in an interview.
The deal also calls for Alibaba to advise the country's postal service－Thailand Post－on shipping and logistics.
Labor-intensive sectors like transportation, warehousing, postal, accommodation, restaurants, culture, sports and entertainment have also grown in 2023, indicating a noticeable recovery, said Zhu.
China Construction Bank, Bank of China, Agricultural Bank of China, and Postal Savings Bank of China will also cut deposit rates on Friday, with multiple joint-stock commercial banks set to follow suit, the report said.
The transportation, storage and postal industry, as well as the accommodation and catering industry, continue to recover with double-digit growth in terms of added value.
From the perspective of major commodities, the expansion of the service industry has accelerated, among which the retail and postal business activity indexes have increased to varying degrees compared with the previous month.
The sub-indices for all eight major sectors remained lower than the boom-and-bust line of 100, but the transportation, postal and storage industry, the information transmission, computer service and software industry, and the accommodation and catering industry reversed the downward trend.
Lou Feipeng, a researcher at Postal Savings Bank of China, said the new measures will help to better protect the legitimate rights and interests of foreign investors in China.
ASEAN member states have invested in and established 335 foreign-funded enterprises in Guangxi, covering multiple fields: manufacturing, leasing and business services, transportation and warehousing and postal services, the commission said.
The action plan was rolled out by multiple ministries, including those for commerce, economic planning, finance, natural resources, agriculture and rural affairs, culture and tourism, and postal services.
Lou Feipeng, a researcher at Postal Savings Bank of China, said it is also necessary for the central government to increase its leverage level and beef up transfer payments to local governments, given that hidden debt risks and tight fiscal balances facing some local governments may limit their ability to support economic vitality.
During the first three months, the number of new self-employed businesses in areas such as cultural, sports and entertainment; transportation, warehousing and postal services; accommodation and catering; wholesale and retail reached 75,000, 188,000, 679,000 and 2.65 million, up 39.0 percent, 25.1 percent, 19.8 percent and 10.4 percent respectively.
Lou Feipeng, a senior economist at Postal Savings Bank of China, said, "The establishment of the new central financial commission will help bolster financial supervision coordination and remove the regulatory vacuum as well as foster high-quality development of the financial sector to better serve economic and social development. "
NBS data showed that the country's railway and air transportation, postal services, accommodation, and leasing industry have rebounded to a rather active level.
Lou Feipeng, senior economist at the Postal Savings Bank of China, said the two new documents mark a key move to implement major national strategies, which will better serve the real economy, speed up the construction of the GBA and further expand high-level opening-up.
In the same period, industries involving people-to-people contacts such as transportation and postal storage, as well as accommodation and catering, increased by 1.7 and 1.8 points, respectively, compared with the previous month.
Citing the report to the 20th National Congress of the Communist Party of China, Lou Feipeng, senior economist at Postal Savings Bank of China, said improving product quality is in line with the country's larger drive to fully improve international competitiveness and foster high-quality development.
Lou Feipeng, a researcher at Postal Savings Bank of China, said while spending in such sectors as travel and culture has rallied sharply, the recovery of big-ticket items such as homes and automobiles has yet to be full-blown.
Of all 21 surveyed industries, 15 saw business expansion, with railway, aviation, postal services, financial services, and insurance in a high climate range of above 60.
The meeting also decided that logistics companies will be supported to redistribute transportation capacity, as appropriate, and reinforce their front-line staff to ensure stable operation of postal and delivery services during Spring Festival.
Lou Feipeng, a senior economist at the Postal Savings Bank of China, said the economy will likely improve in the fourth quarter with the government's stimulus policy measures taking effect gradually, despite pressure and challenges.
When it comes to the latest economic data, Lou Feipeng, a senior economist at Postal Savings Bank of China, said new growth drivers have played a key role in boosting steady economic growth in October.
From Sept 10 to 12, China's postal and express delivery industry operated in an overall safe, stable and orderly manner, with 852 million parcels received, up 0.24 percent compared with the 2021 Mid-Autumn Festival holiday.
He said the administration will step up efforts to continuously support the growth of new business formats such as cross-border e-commerce and international postal services.