Multiple Chinese logistics companies have said that they will raise their delivery fees, in an effort to increase income for the vast number of couriers after top officials recently called for fair income distribution as part of the country's goal for common prosperity.
Several logistics companies, including STO Express, YTO Express and ZTO Express, will raise delivery fees by 0.1 yuan per parcel from September 1, which means couriers can get extra 0.1 yuan for each parcel they deliver, according to media reports.
The revenue of China's logistics sector hit 1.104 trillion yuan in 2020, said Ma Junsheng, head of the State Post Bureau, on Tuesday during a press briefing.
The number of parcels delivered reached 83.5 billion last year, compared with 5.7 billion in 2012, a net increase of 14 times. From 2012 to 2020, the average price of express delivery for each parcel decreased from 18.5 yuan to 10.6 yuan. A total of 100 billion parcels will be delivered in 2021, said Ma.
