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  • 11/12/2023
China experienced a significant rebound in its consumption market during the 'Singles Day' or 11.11 sale day, with a 23% year-on-year increase in package collection, totalling 5.26 billion, as reported by the State Post Bureau.

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Transcript
00:00 The Singles Day, or 11/11, sale in China marked a significant recovery in the consumption
00:06 market.
00:07 According to the State Post Bureau's report on Sunday, postal and express delivery enterprises
00:12 collected 5.26 billion packages, reflecting a 23 percent increase in package volume compared
00:19 to the previous year.
00:21 The number of packages collected by the delivery service providers on November 11 reached 639
00:27 million, 1.87 times that of an ordinary day up 15.76 percent year-on-year.
00:50 Bian added that technological innovation has facilitated the transport of packages during
00:55 the shopping festival.
01:17 The State Post Bureau is a government agency in China responsible for regulating the country's
01:22 postal industry, including the management and oversight of postal services and courier
01:27 companies.
01:28 "The Singles Day, or 11/11, sale in China marked a significant recovery in the consumption
01:29 market."
01:29 "The Singles Day, or 11/11, sale in China marked a significant recovery in the consumption
01:30 market."
01:30 "The Singles Day, or 11/11, sale in China marked a significant recovery in the consumption
01:31 market."
01:31 "The Singles Day, or 11/11, sale in China marked a significant recovery in the consumption
01:32 market."
01:32 "The Singles Day, or 11/11, sale in China marked a significant recovery in the consumption
01:33 market."
01:33 "The Singles Day, or 11/11, sale in China marked a significant recovery in the consumption
01:34 market."
01:34 [BLANK_AUDIO]

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