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Land-sea freight trains plying on the New International Land-Sea Trade Corridor have collectively carried over 379,000 twenty-foot equivalent units (TEUs) of cargoes in the first six months of this year, up by 33.4 per cent compared to the same period last year. The route has boosted trade between China and ASEAN countries under the RCEP agreement.
The number of trains operating on the sea-rail intermodal route of the corridor has increased to 6,117 in 2021 from 178 in 2017, said Chinese media reports quoting data released by China Railway Nanning Bureau Group Co., Ltd.
Land-sea freight trains plying on the New International Land-Sea Trade Corridor have collectively carried over 379,000 twenty-foot equivalent units (TEUs) of cargoes in the first six months of this year, up by 33.4 per cent compared to the same period last year. The route has boosted trade between China and ASEAN countries under the RCEP agreement.
The Corridor is a trade and logistics passage with an operational hub centred on Chongqing. It is connected to close to 310 ports in 107 countries. It is one of the many corridors under the Belt and Road Initiative.
Fibre2Fashion News Desk (KD)
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