Photo taken on Dec. 17, 2021 shows the portcranes in operation in Tanjong Pagar container terminal in Singapore. (Photo by Then Chih Wey/Xinhua)
BEIJING, Nov. 8 (Xinhua) -- New Land-Sea Corridor Operation Co., Ltd., a public service operation enterprise based in southwest China's Chongqing Municipality singed Letter of Intent (LOI) on promoting digital international logistics with Singapore-based Crimson Logic Pte Ltd, on November 7 at the Singapore-China Trade & Investment Forum held during the fifth China International Import Expo (CIIE), reported Chinanews.com Monday.
According to the LOI, the two sides will carry out in-depth cooperation on the construction of digital New International Land-Sea Trade Corridor, a trade logistic passage jointly built by provincial-level regions in western China and the ASEAN members, to enable greater efficiency in the flow of goods across borders, and drive economic and industrial development along the trade corridor.
Specifically, the two companies will jointly build a global digital service network for cross-border trade through the New International Land-Sea Trade Corridor, and explore innovative services in intelligent inquiry, one-stop compliance information transmission, booking and shipping schedule logistics tracking, and digital trade construction.
Crimson Logic is a Singapore-based company under the Port of Singapore that focuses on cross-border services. With more than 30 years of experience in trade compliance and digital technology, the company is committed to providing international trade solutions for governments and enterprise.
As the core operation platform for the construction of the New International Land-Sea Trade Corridor, by the end of October 2022, the New Land-Sea Corridor Operation Co., Ltd. has operations covering 335 ports in 113 countries and regions in the world. (Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com)
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