Core Insights - The express delivery industry in China has shown significant growth and vitality in the first ten months of this year, with advancements in technology and service diversification contributing to this trend [1] Industry Performance - In the first ten months of this year, China's express delivery business volume reached 1,626.8 billion pieces, representing a year-on-year growth of 16.1% [1] - The time taken to reach the milestone of 1 trillion pieces has been shortened, achieving this in 35 days earlier than in 2024 [1] Regional Development - There is a more coordinated growth across regions, with express delivery volume in areas such as Shaanxi, Ningxia, and Xinjiang exceeding 30% growth [1] - The share of business in central and western regions has increased by 1.1 and 0.6 percentage points, respectively [1] Technological Advancements - The introduction of technologies such as drones and unmanned vehicles has allowed express delivery to overcome ground transportation limitations, enhancing logistics efficiency [1] - New postal routes and innovative transportation models, such as "front warehouse + railway class," have improved transport efficiency by approximately 10% and reduced costs by nearly 30% [1] Service Diversification - The express delivery industry is expanding its service range to meet diverse consumer needs, including product exchanges, live-streaming sales, and holiday economy demands [1] - It is estimated that approximately 23.41 million yuan worth of physical goods are delivered via express services every minute, supporting the continuous improvement of market circulation and the release of online consumption demand [1]