China's postal sector logs robust growth in February

BEIJING -- China's postal industry registered a robust expansion in both business revenue and parcel volume in February, official data showed on Saturday.

The sector raked in 114.24 billion yuan (about $16.54 billion) in business revenue last month, surging 27.4 percent year on year, according to the State Post Bureau.

China's express delivery service companies handled 9.18 billion parcels in February, a rapid year-on-year increase of 32.8 percent. Their business revenue jumped 29.3 percent from a year ago to 84.97 billion yuan.

In the first two months, business revenue of China's postal industry rose 4.7 percent year on year to 226.92 billion yuan.