China Post is both a centralized and state-owned enterprise.
China Post Group Corporation, or China Post for short, was formally restructured from the former China Post Group Corporation in December 2019, and is a wholly state-owned company organized in accordance with the Company Law of the People's Republic of China*** and the People's Republic of China. The company does not have a shareholders' meeting, by the Ministry of Finance in accordance with national laws, administrative regulations and other provisions of the State Council on behalf of the State Council to fulfill the responsibilities of the funder, the company set up the party group, the board of directors, the managerial layer.
The company operates various postal businesses in accordance with the law, undertakes the obligation of universal postal service, is entrusted by the government to provide special postal services, and carries out commercialized operation of competitive postal businesses. China Post Group Corporation is ranked 81st among the Fortune 500 companies in 2022, surpassing Japan Post for the first time and ranking 1st among the postal companies in the world.
China Post Industry Layout:
February 2022 news, China Post's business field is gradually diversified. From the eye of the sky APP was informed that, according to the industry distribution map of China Post's foreign investment, China Post's main business is transportation, occupying 56.25%. The company has also laid out a number of industries such as leasing and commerce, wholesale and retail, culture and sports, accommodation and catering.
Data shows that China Post has the largest number of outlets in the country, with 100 percent coverage of service outlets in townships. Han Junwei, a researcher at the Strategic Development Department of China Postal Savings Bank, said that in recent years, postal outlets have been actively promoting the transformation and development of the traditional universal service outlets to the transformation of the postal comprehensive service platform by the mode of "universal service + business overlay".
"Postal oxygen tea, post office coffee" and other new superimposed business, is the positive results of this transformation and highlights; also superimposed on the 'smart pharmacy', telecommunications and other businesses. In the future, the "stacked stacked stacked stacked, agent agent agent" as the core, to promote the transformation and development of postal outlets.