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China's postal and courier services market is a giant, valued at over USD 67.5 billion. It's projected to grow by 8% annually until 2027, fueled by e-commerce and booming consumer demand.
Government procurement plays a vital role in this market. In 2021, 37 billion express parcels were delivered to rural areas through government initiatives, facilitating USD 290.26 billion in rural-urban trade.
Top Procured Products and Services
The government mainly procures express delivery services for documents, parcels, and goods. These services are crucial for government operations, social services, and disaster relief.
Key Authorities for Procurement
The State Post Bureau (SPB) is the central authority responsible for postal and courier services procurement. Other key players include the Ministry of Finance and local government procurement agencies.
Top Procurement Winners
Leading companies like SF Holding, STO Express, YTO Express, and China Post are major winners of government procurement contracts. These companies provide efficient and reliable services.
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