Official Outlines Future Postal Development Plan

The China Post services will make all-out efforts to become ranked among the world's top six posts in terms of operating scales by 2005, a Chinese official said at a ceremony marking the 32nd World Post Day Tuesday.

Director of the State Post Bureau Liu Liqing said that in terms of revenue, the China Post tries to be ranked top 30 firms in the country.

The Chinese Post will lay more emphasis on electronic information service, while maintaining the steady momentum of traditional services, he said.

"We will do our best to raise the proportion of e-service income in gross postal income above 10 percent by 2005," he said.

It will strengthen ties with large-sale enterprises, providing services as communication, logistics distribution, fund settlement and cashier agents, Liu said.

"We will take steps to raise the proportion of this kind of service in the overall postal services up to 20 per cent," he said.

With 67,000 postal offices, 535 postal trains, 44,000 postal cars and 10 postal airplanes, the China Post also enjoys a financial service network connecting 16,000 postal deposit banks. By the end of 2001, its e-exchange service will cover over 2,400 counties in China.

People's Daily Online --- http://english.peopledaily.com.cn/