Press release -
Chinese express delivery market giving greater access to US firms
Revenues for companies within the Chinese express delivery market accomplished RMB83.1 billion accumulatively in 2012, up 39% year-on-year (29.1% in the same period of last year).
The Chinese government is expected to continue pushing market liberalisation and the consolidation of express delivery service enterprises to strengthen logistics services in spite of protests lodged by some courier companies against the entry of e-commerce enterprises into the sector.
Authorities have been reviewing applications for business permits for domestic express services from multinational corporations FedEx and UPS of the United States.
Since 2012, the leading express delivery companies have made more investments into the e-commercial field but mostly failed in the end. Take example for SF Express, in May, 2012, the e-commercial website sfbest.com under the flagship of SF Express was officially put into services online, targeting at the medium- and high-end food B2C.
In September of 2012, sfbest.com's visit flux performed not so well, and its stock turnover also showed a big problem. In October, 2012, sfbest.com kept a low profile and changed the person in chief.
Foreign express delivery companies speed up their presence in China. In September of 2012, FedEx Express China Co., Ltd and UPS Parcel Delivery (Guangdong) Co., Ltd got Chinese express delivery business license. In October, 2012, UPS announced tonewly open three medical healthcare facilities in Asia-Pacific Region and develop Chinese pharmaceutical logistics market.
For more information on the Chinese express delivery market, see the latest research: Chinese Express Delivery Market
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- chinese express delivery market
- chinese express delivery industry
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