British postal operator comes calling

Britain’s state-owned postal operator Royal Mail Group Ltd has joined hands with the Chinese company ZJS Express Co Ltd to start a business-to-business parcel delivery service from China to Europe.

The deal marks Royal Mail’s formal entry into China’s business-to-business parcel delivery market, although it already provides international business-to-consumer and consumer-to-consumer parcel services in association with China Post.

Facing strong competition from the world’s four largest logistics companies – Deutsche Post DHL, FedEx Corp, United Parcel Service Inc and TNT Holdings BV – Royal Mail hopes to attract Chinese customers with a service cheaper by about "10 to 20 percent".

Read more: British postal operator comes calling|Business|chinadaily.com.cn.