China’s landmark trade corridor sees boost in goods transport as per the latest data.
The New International Land-Sea Trade Corridor, a crucial logistics network linking China’s western regions to international markets, transported 209,000 twenty-foot equivalent units (TEUs) via intermodal rail-sea service in the first two months of this year, according to China Railway Nanning Group.
This transportation volume has already surpassed the total recorded in 2019, reflecting a 58.4 percent increase compared to the previous year, the railway group reported.
February saw a significant rise in freight demand, with increased shipments of timber and stone materials from Guangxi Zhuang Autonomous Region in southern China, alongside tea and roll paper from Hunan Province in central China.
To further boost the corridor’s development, Guangxi has allocated 1 billion yuan (approximately 139.39 million U.S. dollars) in funding this year.
The range of goods transported via the intermodal rail-sea service along the trade corridor has expanded to 1,234 categories.
With its main operational hub in Chongqing Municipality, southwest China, the trade corridor facilitates global connectivity through rail, sea, and highway routes, passing through key provincial regions like Guangxi and Yunnan.
Currently, the cargo service extends to 158 locations in 73 Chinese cities and connects to 556 ports across 127 countries and regions.
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