China to build new int'l land-sea trade corridor

CNC
Added On January 9, 2019

 Eight western Chinese provinces and regions have signed a framework agreement in southwest China's Chongqing to jointly build a new international land-sea trade corridor.

   
The New International Land-Sea Trade Corridor is an international trade and logistics passage jointly built by western Chinese provinces and ASEAN countries.
 
With Chongqing as the transportation hub, the New International Land-Sea Trade Corridor takes advantage of various transport options including railways, highways and water and air routes, which enables transportation from western China to more regions across the world.
 
According to local authorities, the eight provincial regions include Chongqing Municipality, provinces of Guizhou, Gansu, Qinghai and Yunnan, south China's Guangxi Zhuang Autonomous Region, northwest China's Xinjiang Uygur Autonomous Region and northwest China's Ningxia Hui Autonomous Region.
 
Cooperation among different provinces and regions will boost the construction of the trade corridor, help connect the Belt and Road, and boost the development of the western regions of China, while propelling China-ASEAN common prosperity.
 
Statistics shows that a total of 805 rail-sea freight trains via the corridor had been launched by Dec. 31, 2018.