Economy

Exploring New Space in the Express Delivery Market with Billions of Items

2024-04-07   

China's express delivery industry has achieved remarkable growth, with its business volume ranking first in the world for ten consecutive years. In 2023, the express delivery business volume reached 132 billion pieces and the business revenue reached 1.2 trillion yuan, reaching a new high. The continuously growing express delivery market is a reflection of strong consumer power and the stabilization and recovery of China's economy. The express delivery industry has become a barometer of China's economy. Compared with foreign express delivery giants mainly serving the production sector, China's express delivery industry mainly serves the circulation and consumption sector. Therefore, from the perspective of business space, China's rapidly growing express delivery market still has great potential. Currently, the global economic recovery is still weak, and the transformation and upgrading of the express delivery industry is both a trend and a necessary path. The imbalance between domestic and international markets in the development of express delivery, the cutting-edge support of industry hubs, and the melting of end quality issues and challenges have prompted the express delivery industry to urgently move towards a new growth space of higher quality. In recent years, the rapid development of e-commerce, short video, and live streaming platforms has led to a significant increase in the volume of express delivery services in rural areas. The continuous implementation of the "Express Delivery to Villages" project from the central to local levels has filled the gap in rural express delivery network construction and service facilities. The upward channels for agricultural specialty products are becoming increasingly smooth, and the rural market has become a new growth pole for the express delivery industry. The potential for rural consumption is constantly being released, and a large number of leading industries with regional characteristics are being promoted to continue to grow, driving a large number of influential local brands to continuously form, injecting new impetus and vitality into the modernization of agriculture and rural areas. The express delivery industry actively integrates into the upstream and downstream industrial chains, creating new models such as inbound logistics, warehouse and distribution integration, and order collaboration, forming a supply chain integrated service system covering procurement, production, sales, and after-sales links, and providing customized and personalized solutions. The service manufacturing industry is a new market space for the express delivery industry. Future development needs to abandon homogenization tendencies, fill the gaps in service production capacity, and achieve deep integration with the manufacturing industry. The express industry has reached consensus on its important role in serving cross-border e-commerce, improving the international supply chain, and promoting the high-quality development of the "the Belt and Road". By addressing the shortcomings of overseas networks and promoting the internationalization of express delivery enterprises, the "Express Shipping" project has facilitated the development of cross-border logistics and become a new growth point for high-quality development in the industry. China's express delivery industry has entered the era of "100 billion pieces", and the new generation of information technology will accelerate its deep integration with postal enterprises in the future, promoting the industry to upgrade towards a more intensive, efficient, safe, and low-carbon direction. To promote the rapid growth of the express delivery industry towards high-quality development, efforts need to be made in the following areas. Firstly, we are on par in serving the production and daily life sectors. The production and living sectors are deeply integrated with the upstream and downstream of the industrial chain, forming a symbiotic and mutually prosperous supply chain system and service ecology. At the same time, we can leverage the network advantages of industry points, lines, and surfaces in areas such as communities, elderly care, and municipal governance to provide more and better services. Secondly, deeply embed into the supply chain system. Relying on its own advantages, collaborating with service targets to develop and establish long-term strategic partnerships. At the same time, relying on the new service chain, a new mechanism for resource sharing and production collaboration will be established upstream and downstream, forming a new ecosystem of integrated development driven by technology and resource empowerment, and continuously improving service capabilities and levels through digital, intelligent, and networked upgrades. Thirdly, expand emerging service areas. More and more technological innovation and

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