(CBN - Global) May 6 -- The number of e-commerce parcels in China is projected to hit 100 billion a year in the next few years, and more than 300 million parcels will be processed every day. Employees in online shopping logistics are expected to reach nearly six million, according to predictions in the National Research Report on E-commerce Logistics Professionals.
China has the largest online shopping and logistics business volume in the world. There were two million people employed in the e-commerce industry last year, and they delivered most of the 20.6 billion parcels bought by online shoppers.
The logistics market has grown at an annual rate of over 45 percent for the last three years, more than six times the rate of the nation's GDP growth. Revenue reached CNY276.96 billion (USD42.6 billion) last year and has been growing by over 35 percent annually for the past three years.
Most delivery workers earn between CNY2,000 (USD308) and CNY4,000 a month. Very few of them earn more than CNY6,000 per month. Nearly 80 percent of frontline couriers work between nine and 10 hour days, some even longer. This has resulted in a high turnover of couriers and nearly 50 percent of them resign within one year of employment.
With the rapid expansion of delivery station networks, the shortage of grassroots management staff as well as supply-demand mismatch have become growing challenges facing the industry.