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China Post ranks 86th on 2023 Fortune Global 500 list
|China Post News|2023-08-04

On August 2, the 2023 Fortune Global 500 list was newly released, with China Post Group Corporation Limited (China Post Group) ranking 86th. Since its first leap to the top 100 in 2020, China Post Group has been among the top 100 for four years in a row.

After years of development, China Post Group has evolved from a traditional postal enterprise mainly engaged in letters, parcels, remittance, newspaper and periodical distribution, philately and other businesses to a large enterprise group that not only provides universal and special postal services, but also operates modern finance, express and logistics as well as e-commerce, integrating the flow of commodity, logistics, capital and information.

It is reported that China Post Group has generated a revenue of 442.888 billion yuan (about 61.34 billion US dollars) in the first half of this year, with a year-on-year increase of 9.42 percent, and gained a profit of 67.462 billion yuan (about 9.34 billion US dollars), up 21.23 percent year on year.