It showcased the market vitality of the nation's express delivery industry and the recovery of the economy, the bureau said.
It said the spillover weaker demand from 2018, the week-long Spring Festival holiday, which led to a lull in car sales, and some brands forcing dealers to stock up all played a part in the increased inventory.
It will lead to a more automated industrial landscape, giving China a renewed advantage where it already dominates: manufacturing.
It will also set up 25 to 30 customer experience centers across China this year.
It will support husbandry and key sectors associated with spring farming preparation, foreign trade related to the international supply chain as well as industries hit hardest by the epidemic, such as tourism, entertainment, catering and transport, according to the PBOC.
It will take "some time to get back to anything nearly resembling full employment", Powell said.
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It will seriously investigate the company, as well as the market regulator for any possible dereliction of duty. The authority will also establish a credit system and long-term supervision to ensure the quality of cement and other building materials.
It said that in the first quarter of 2019, the level of real GDP is estimated to be billion lower than it would have been, citing "an effect reflecting both the five-week partial shutdown and the resumption in economic activity once funding resumed."
It will cost between million and 0 million to operate each year, and will oversee up to billion annually for modernization programs.
It was also ranked for the first time among the 49 first-tier cities of the world in the World Urban System Rankings 2016, released by the Globalization and World Cities Research Network.