The market value of China’s express delivery industry will reach CNY400 billion by 2020, Ma Junsheng, Director of the State Post Bureau, said. The revenue will represent an eight-fold increase on 2010, Ma said, and it is the fastest growing segment of the postal services. In the next decade, the overall revenue of postal services is set to account for 0.6% of the country’s gross domestic product (GDP), four times that of 2010. The Bureau vows to improve efficiency and quality, said Ma, adding that China Post is likely to rank among the top 100 in the Fortune 500 list.