China's postal sector maintains robust growth in first 5 months

BEIJING - China's postal industry registered rapid growth in business revenue in the first five months of the year, official data shows.

The sector's combined business revenue totaled 502.24 billion yuan ($77.57 billion), up 24.3 percent year-on-year, data from the State Post Bureau shows.

In May alone, the postal sector raked in a total of 105.19 billion yuan in revenue, rising 10.6 percent from a year earlier.

From January to May, China's courier companies handled 39.65 billion parcels, a sharp increase of 50.1 percent. Their combined business revenue jumped 29.7 percent from a year ago to 392.58 billion yuan.