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Land-sea freight transport from SW China’s Chongqing on the rise

Abstract : A total of 64,013 TEUs of cargo were transported via a land-sea freight route from southwest China's Chongqing Municipality to overseas destinations in the first 11 months of the year, a year-on-year increase of 41.6 percent, local authorities said on Thursday.

CHONGQING, Dec. 24 (Xinhua) — A total of 64,013 TEUs of cargo were transported via a land-sea freight route from southwest China’s Chongqing Municipality to overseas destinations in the first 11 months of the year, a year-on-year increase of 41.6 percent, local authorities said on Thursday.

The cargo was worth in excess of 12 billion yuan (about 1.84 billion U.S. dollars), a surge of 32.9 percent compared to the same period last year, according to the port and logistics office of the municipal government.

By the end of November, 150,901 TEUs with a total value of 27.84 billion yuan had been transported via the route from Chongqing since it opened in September 2017.

The route is part of the New International Land-Sea Trade Corridor, a trade and logistics passage jointly built by Singapore and provincial-level regions of western China. Chongqing is a center of operation for the corridor.

The corridor’s number of final destinations has grown to 250 ports in 96 countries and regions, according to its logistics and operating center. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Land-sea freight transport from SW China’s Chongqing on the rise

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