Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Facility Connectivity

New International Land-Sea Trade Corridor connects 523 ports worldwide

August 05, 2024


Abstract : Over the past five years, the New International Land-Sea Trade Corridor has expanded its reach to 523 ports in 124 countries and regions.

245287780316491776.jpg

A vehicle transfers a container at the dry port of the New International Land-Sea Trade Corridor in the Chongqing International Logistics Hub Park in Shapingba District of Chongqing, southwest China, July 30, 2024. (Xinhua/Lyu Shuai)

CHONGQING, Aug. 5 (Xinhua) -- Over the past five years, the New International Land-Sea Trade Corridor has expanded its reach to 523 ports in 124 countries and regions.

With its operational hub based in southwest China's Chongqing Municipality, this trade corridor connects global ports via railways, sea routes and highways through southern Chinese provincial regions such as Guangxi and Yunnan.

According to the data released on Monday by the coordination center for logistics and operation of the New International Land-Sea Trade Corridor, more than 30,000 China-Europe freight trains have operated via the trade corridor.

From 2019 to 2023, the annual freight volume through the trade corridor from Chongqing increased by 50 percent, 45 percent, 54 percent, 32 percent and 21 percent year-on-year, respectively.

Over the past five years, the variety of goods transported through the trade corridor has expanded from over 80 types to more than 1,150 types, covering a wide range of categories, including electronic products, vehicles and components, machinery, small household appliances and food. The trade corridor has now achieved a near balance between inbound and outbound shipments.

Relying on the fast and efficient corridor, specialty products from western China, such as goji berry juice and red wine from Ningxia, oranges from Chongqing and tea from Guizhou, have become new growth drivers for local foreign trade. Additionally, the export of new energy vehicles from these western regions has accelerated, with local auto enterprises establishing factories in Southeast Asian countries.

Meanwhile, Southeast Asian specialty products like Thai durians and Vietnamese basa fish are entering the Chinese market more quickly through the corridor.

The corridor not only promotes the opening up and development of western China but also creates new opportunities for the Belt and Road Initiative participating countries, said the coordination center for logistics and operation of the New International Land-Sea Trade Corridor.

Scan the QR code and push it to your mobile phone

Keyword: Chongqing New International Land-Sea Trade Corridor

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial