China's express delivery sector suffered a 12% decline in revenues in January this year according to data from the State Postal Bureau, and in February some 65% of China's express delivery businesses expected losses this year due to operational difficulties as a result of the COVID outbreak which caused road closures, flight cancellations, and workforce restrictions.
However, China's express delivery sector is gradually returning to normal; in April more than 6.25 billion parcels were delivered in China, a 27% increase year on year according to data from China Post Bureau. In terms of revenue China's