Core Insights - The postal industry in China is projected to handle a total of 216.51 billion items in 2025, marking an 11.8% increase year-on-year. The express delivery segment is expected to account for 198.95 billion items, reflecting a 13.6% growth [1][3]. Revenue and Business Volume - The total revenue for the postal industry (excluding direct income from postal savings banks) is anticipated to reach 1.8 trillion yuan in 2025, representing a 6.1% increase compared to the previous year. The express delivery revenue is projected to be 1.5 trillion yuan, with a growth rate of 6.5% [1][8]. - In December 2025, the postal industry is expected to generate 163 billion yuan in revenue, a 0.6% increase year-on-year, while express delivery revenue is projected to be 138.87 billion yuan, up by 0.7% [1][8]. Business Type Breakdown - In 2025, the breakdown of express delivery business volume is as follows: same-city deliveries will account for 15.79 billion items (1.0% growth), intercity deliveries will reach 178.94 billion items (15.0% growth), and international/Hong Kong, Macau, and Taiwan deliveries will total 4.22 billion items (8.8% growth) [1][2][3]. Regional Performance - The revenue distribution for express delivery in 2025 is projected to be 73.7% from the eastern region, 15.7% from the central region, and 10.6% from the western region. The volume distribution is expected to be 70.5%, 19.9%, and 9.6% respectively [5]. - Compared to the previous year, the eastern region's revenue share is expected to decline by 1.1 percentage points, while the central and western regions are expected to see increases of 0.8 and 0.3 percentage points, respectively [5]. Market Concentration - The concentration index (CR8) for express and parcel service brands is projected to be 86.8 in 2025, showing a slight decrease of 0.1 from the previous year [7]. Monthly Performance - In December 2025, the postal industry is expected to handle 19.77 billion items, a 1.8% increase year-on-year, with express delivery accounting for 18.21 billion items (2.3% growth) [1][8]. Specific Business Metrics - The letter business is projected to decline to 68 million items in 2025, a 31.0% decrease, while parcel business is expected to reach 30.54 million items, down by 2.0% [2]. - The newspaper and magazine businesses are also expected to see declines, with newspaper volume down by 4.2% and magazine volume down by 6.5% [2].

Core Insights - The postal industry in China reported a business revenue of 152.57 billion yuan in September 2023, marking a year-on-year growth of 6.8% [1] - The express delivery business revenue reached 127.37 billion yuan in September, with a year-on-year increase of 7.2% [1] - Cumulatively, from January to September 2023, the postal industry generated a total revenue of 1,313.63 billion yuan, reflecting a growth of 7.7% compared to the same period last year [1] Revenue and Volume Performance - In September, the total volume of postal delivery services reached 18.34 billion pieces, up 11.2% year-on-year, with express delivery volume at 16.88 billion pieces, increasing by 12.7% [1] - For the first nine months, the cumulative delivery volume was 158.26 billion pieces, a 15.0% increase, while express delivery volume totaled 145.08 billion pieces, growing by 17.2% [1] Segment Analysis - The express delivery business accounted for 83.5% of the total postal business revenue in the first nine months [1] - The volume of same-city express deliveries was 11.87 billion pieces, up 4.3%, while intercity express deliveries surged to 130.17 billion pieces, marking an 18.6% increase [1][2] - International and Hong Kong/Macau/Taiwan express deliveries reached 3.04 billion pieces, reflecting a year-on-year growth of 13.7% [1] Regional Performance - In terms of revenue distribution, the eastern region contributed 73.8%, the central region 15.6%, and the western region 10.6% of the total express delivery revenue [6] - The eastern region saw a slight decline in both revenue and volume share compared to the previous year, while the central and western regions experienced increases [6] Market Concentration - The concentration index (CR8) for express and parcel service brands stood at 86.9, remaining stable compared to the previous month [9] Detailed Breakdown by Province - The express delivery revenue for major provinces included Guangdong at 223.48 billion yuan (1.0% growth), Jiangsu at 77.8 billion yuan (7.5% growth), and Zhejiang at 109.57 billion yuan (5.3% growth) [11] - Notably, Hebei province showed significant growth in express delivery revenue at 49.31 billion yuan, with a year-on-year increase of 19.9% [11] City-Level Insights - Shanghai led the express delivery revenue with 195.99 billion yuan, followed by Guangzhou at 68.34 billion yuan and Shenzhen at 46.96 billion yuan [12] - In terms of processing volume, Guangzhou also topped the list with 1,656,335.3 million pieces, indicating a robust logistics network [13]