China has emerged as a key participant in the global cross-border package delivery market according to data from the country’s State Post Bureau (SPB).
The Chinese market currently accounts for around 38% of the global package delivery market according to Ma Junsheng (马军胜), SPB head, at a e-commerce conference held in the Fujian province city of Xiamen on 26 November.
China Post also supports over 350 billion yuan in cross-border e-commerce transactions per annum.