38 pct of cross-border parcels worldwide from China

Source: Xinhua| 2019-11-26 19:47:35|Editor: huaxia
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BEIJING, Nov. 26 (Xinhua) -- Parcels from China accounted for 38 percent of cross-border parcels worldwide, the country's postal authorities said Tuesday.

China's postal industry handled 350 billion yuan (about 50 billion U.S. dollars) worth of cross-border e-commerce transactions, said Ma Junsheng, head of the State Post Bureau.

"The postal network under the Universal Postal Union is the main channel for cross-border shipping of e-commerce items," said Liu Aili, chairman of China Post Group.

Post is becoming the go-to option for cross-border e-commerce logistics due to its wide coverage, low cost and expediency, according to the General Administration of Customs.

Data showed that post was responsible for 70 percent of cross-border shipping of parcels globally in 2018.

International railways are the mainstay of China's cross-border land transport, delivering more than 10 million items to 24 countries across Europe so far, according to the China Post Group.