In 1998, under adverse circumstances both at home (the flood disaster and sluggish market demand) and abroad(financial crisis), thanks to the effective measures taken by post offices of all levels, China Post maintained a continuous stable growth.

The overall turnover in 1998 reached 16.62 billion yuan, up 14.5% compared with last year, operating revenue increased by 5.2% to 28.71 billion yuan, and the labour productivity hit 62,000 yuan.

Each service scored a rapid development:

Letter' volume (billion pieces) 6.604674; operating revenue (billion yuan) 3.4
Parcel' volume (billion pieces) 0.097469; operating revenue (billion yuan) l.35
EMS' operating revenue 3.12 (billion yuan)

Newspapers & Periodicals service:

Operating revenue (billion yuan) 4.04
Confidential service: operating revenue (billion yuan) O.16
Postal Savings:    operating revenue (billion yuan) 7.09
Philately:operating revenue (billion yuan) 7.79