New Int'l Land-Sea Trade Corridor facilitates trade between China, ASEAN
By Xinhua | Jul 11,2022 14:39:01
In the first half of 2022, 379,000 TEUs of cargoes have been sent by the land-sea freight trains of the New International Land-Sea Trade Corridor, up 33.4 percent year on year.
The data was released by China Railway Nanning Bureau Group Co., LTD.
The corridor connects 14 provincial-level regions in China with over 310 ports in 107 countries and regions around the world. It especially boosts trade between China and ASEAN countries under the Regional Comprehensive Economic Partnership (RCEP) agreement.
The number of trains operating within the sea-rail intermodal service of the New International Land-Sea Trade Corridor had surged from 178 in 2017 to 6,117 in 2021.