|Jinhua’s Express Delivery Volume|
According to the statistics of the safety supervision system of the State Post Bureau, as of November 12, Jinhua’s annual business volume of express delivery packages has exceeded 10 billion. Jinhua has become the first city in China to hit such a record. At a press conference held on the afternoon of November 17, Zhang Qiang, secretary of the Party Group and director of the Jinhua Postal Administration, made a special presentation.
Located in the center of Zhejiang, Jinhua sends an average of 30.35 million packages to cities in China and all over the world. In the last 10 years, Jinhua’s express industry has witnessed rapid growth, with an average annual growth rate of over 55%, which is unheard of.
Ten years ago, Jinhua’s annual express business volume was only 170 million packages. From 2015 to 2016, the city ranked sixth in China in terms of express delivery volume. In 2017, Jinhua’s volume began to soar, surpassing that of Hangzhou and then Beijing. In 2018, Jinhua left Shenzhen and Shanghai behind, and was second only to Guangzhou. In 2020, Jinhua’s express delivery volume reached 9.01 billion packages, 1.39 million more than that of Guangzhou, ranking first in China. Jinhua’s express delivery volume is expected to reach 11.5 billion packages by the end of 2021, an increase of more than 60 times over the past ten years.
According to statistics, at present, Jinhua’s express business volume accounts for about 10% of China’s and 50% of Zhejiang’s. In 2020, Jinhua’s express business revenue totaled 28.35 billion RMB. Jinhua’s express business has supported Jinhua’s online retail sales, whose revenue reached more than 1.1 trillion RMB in 2020.
Over 300 companies, 1000 branch offices, and 30,000 employees in Jinhua have established an express system with a large business volume, complete network, high efficiency, and excellent price setting. The average time for a package delivered from Jinhua to a major city in China has been shortened from three or four days to 48 hours, and packages delivered to the Yangtze River Delta region take even less time. The big data behind Jinhua’s express industry reflects the entrepreneurial and innovative vitality and great potential of the city.
In recent years, relying on the industrial advantages of Yiwu—the world’s capital of small commodities, with 1.8 million kinds of commodities—and Yongkang, the national capital of hardware, Jinhua has vigorously developed its digital economy, online retail sales, and cross-border e-commerce. Moreover, Jinhua and Yiwu were both selected as national logistics hub cities. The increasingly prominent advantages of supply chain and logistics help Jinhua to attract many domestic e-commerce giants to build warehouses in Jinhua for product delivery.
Under the pandemic situation, online shopping and the “stay-at-home economy” have acted as a catalyst, promoting livestreaming e-commerce. Jinhua has seized the opportunity and created “four firsts,” namely, the establishment of Zhejiang’s first e-commerce livestreaming college, the release of the first national teaching material for e-commerce livestreaming, the development of China’s first ability assessment standards for e-commerce livestreaming, and the issuance of the country’s first certificate in e-commerce livestreaming ability.
Jinhua’s record of the annual express business volume could not have been achieved without the innovation-driven development strategy implemented by Jinhua’s express industry, accelerated industrial upgrading, and the improvement in quality and efficiency in the industry as well as in the supply chain. (Text by Xu Zhaohui, photos by Zhong Lu, translated by Jin Haiqiong, edited by Kendra Fiddler)