Parcels are distributed at a warehouse in Yiwu. [Photo/Zhejiang Daily]

Yiwu, a major small commodities hub in East China's Zhejiang province, emerged as the top performer in China's postal industry as it delivered 880 million parcels in February alone, up 39.6 percent year-on-year, according to local media on March 22.

In the first two months of 2023, Yiwu delivered 1.42 billion parcels, an increase of 5.8 percent year-on-year. Deliveries to overseas destinations, including Hong Kong, Macao, and Taiwan, totaled 6.05 million parcels, up 42 percent year-on-year.

The revenue of Yiwu's postal industry fell by 3.5 percent year-on-year, reaching 3.92 billion yuan ($572.4 million).