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Extended data:
China Post Group Corporation is a large-scale wholly state-owned enterprise established in accordance with the Law of People's Republic of China (PRC) on Industrial Enterprises Owned by the Whole People. Operate postal franchise business according to law, undertake universal postal service obligations, provide special postal services entrusted by the government, and commercialize competitive postal services.
China Post Group Corporation is an authorized investment institution in the State Council, and undertakes the obligation of maintaining and increasing the value of state-owned assets. The Ministry of Finance is the state-owned assets management department of China Post Group Corporation. China Post Group has established postal companies in all provinces, autonomous regions and municipalities directly under the Central Government.
In addition to the traditional mail, postal remittance, parcels, newspaper distribution, express mail, stamp collecting, postal savings and other services, the postal service has also derived many new service categories. For example, business letters, China post express mail advertisements, postage advertising postcards, corporate New Year cards, bills, audio-visual products, book distribution, etc. have been added, which has strengthened the development of newspaper retail business;
New electronic remittance service; The agency business has been increased, mainly including dozens of businesses such as agency insurance, agency of national debt, sales of lottery tickets, IC cards, mobile pagers and numbers, payment of wages, pensions, tax payment, collection of telecommunications fees, utilities (gas, water and electricity), internet communication fees, cable TV fees, property fees, health fees and so on.
References:
China Post-Baidu Encyclopedia