hina’s courier sect上海419论坛inues to expand in H1

China’s courier sector keeps steady expansion in the

上海419论坛first half of the year (H1), according to the State Post Bureau (SPB) Thursday.

The combined revenue of the sector in domestic market hit 21上海419论坛

3.8 billion yuan ($31.08 billion), up 18.3 percent year on year, SPB data showed.

上海419论坛女神会所A total of 27.13 billion parcels were handled during the period, up 25.8 percent from a y

ear ago, and June alone saw 5.4 billion parcels delivered, according to the SPB.

Cross-border courier services rebounded fast thanks to the countr上海419论坛女神会所

y’s preferential policies, booming online retail sales and higher clearance efficiency.

上海419论坛The business revenue of the cross-border service increased 16.9 percent to 33.86 billion yu

an in H1 compared with a year ago, with 630 million parcels delivered during the period.上海419论坛

China plans to extend the courier network and improve computer systems, services and int

上海419论坛女神会所ernational connections by 2020, when the target annual revenue of the courier sector will hit 800 billion yuan.

Sun Yuchen, or Justin Sun, the 29-year-old cryptocurrency entrepreneur and this year’s Warren Buffett lunch winner, apologized

for his excessive marketing and publicity stunt on the Chinese social media platform Weibo on Thursday.上海419论坛

Sun said the lunch meeting came from his admiration of Warre

n Buffett and his love for philanthropy, and he also wanted to take the opportunit

上海419论坛女神会所y to promote the blockchain industry, though it turned out to be an overblown marketing attempt.

The Chinese entrepreneur won the auction for this year’s Buffett lun

ch with a record high $4.57 million bid in June, while he canceled the planned lunch m上海419论坛

eeting, claiming he had “a sudden kidney stone attack” in a Tuesday post on Weibo.

上海419论坛女神会所However, according to a Wednesday report from Chinese media outlet Caixin, Sun was put on a border control list by C

hinese authorities that would restrict him from traveling abroad for allegations includi

ng illegal fundraising, money laundering, gambling and spreading pornography.

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