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China rail-sea intermodal trains increase cargo volume in 2022
CGTN
A rail-sea intermodal freight train travelling from Chongqing to Thailand leaves the train station in Chongqing, China, December 30, 2022. /CFP
A rail-sea intermodal freight train travelling from Chongqing to Thailand leaves the train station in Chongqing, China, December 30, 2022. /CFP

A rail-sea intermodal freight train travelling from Chongqing to Thailand leaves the train station in Chongqing, China, December 30, 2022. /CFP

The rail-sea intermodal freight trains running along the New International Land-Sea Trade Corridor transported a total of 756,000 TEUs (twenty-foot equivalent units) of containers, up 18.5 percent year on year, said the railway authority in south China's Guangxi Zhuang Autonomous Region.

Since the Regional Comprehensive Economic Partnership (RCEP) was put into force a year ago, trade and economic cooperation inside the region has continued to expand, with goods from China and other RCEP member states turning around rapidly at Qinzhou Port, stated China Railway Nanning Group Co., Ltd.

According to Qinzhou Port customs in Guangxi, the import and export value of goods between China and other RCEP member countries through the port reached 69.77 billion yuan ($10 billion) in the first 11 months of 2022, up 44.7 percent year on year.

Launched in 2017, the New International Land-Sea Trade Corridor is a trade and logistics route jointly built by provincial-level authorities in western China and ASEAN members.

The New International Land-Sea Trade Corridor has developed rapidly over the years, expanding the number of destinations to 338 ports in 113 countries and regions. 

Source(s): Xinhua News Agency

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