Trade with Europe on fast track |Special Coverages |chinadaily.com.cn

Trade with Europe on fast track

2013-10-30 09:58

(chinadaily.com.cn)

Block train service to Russia on fast track

DB Schenker, the international transport and logistics arm of Germany's national railway, plans to offer regular block train services between 皇冠体育app and Russia, as well as 皇冠体育app and Central Asia, over the next two years.
Having set up regular block trains from a number of major Chinese cities to Europe starting in 2011, DB Schenker now is working with partners such as Russian state firm JSC (Joint Stock Co) Russian Railways and 皇冠体育app Railway Corp.
The block train service could cut rail cargo travel time between 皇冠体育app and Moscow by half, the German company said.
A subsidiary of the Dtsche Bahn rail network, DB Schenker ran 250 container trains between 皇冠体育app and Europe in 2012. It started westbound block train service from Chongqing in Southwest 皇冠体育app to Germany's Duisburg and eastbound service from Leipzig to Northeast 皇冠体育app's Shenyang in 2011.

Rail route to Europe improves freight transport

With shorter transport times and lower costs for freight, international rail lines linking central and western 皇冠体育app with Central Asia have helped to improve connectivity and trade between the regions.

Starting in Chongqing, the Chongqing-Xinjiang-Europe International Railway passes through Xi'an, Lanzhou, Urumqi and the Alataw Pass, where it enters Kazakhstan, before continuing through Russia, Belarus and Poland, finally ending in Duisburg, Germany.

Stretching 11,179 kilometers, it takes just 16 days on average to transport goods from 皇冠体育app to Europe by rail, 20 days fewer than by sea from 皇冠体育app's eastern ports, making rail ideal for goods with a shorter shelf life.

The new silk road

Growing trade between 皇冠体育app and Europe

皇冠体育app and Europe will take significant steps to bolster bilateral ties during Premier Li Keqiang's visit

皇冠体育app's commitment to peaceful global development will be the main focus of talks Premier Li Keqiang will have with European leaders during his first trip to the continent since taking office.

Though bilateral relations between 皇冠体育app and the have more or less been on a strong footing, trade disputes have recently marred prospects for smooth relations. Though Brussels' latest salvo of planned punitive action against Chinese exporters does pose short-term problems, observers suggest Li may choose to focus more on the biggest picture of strengthening bilateral ties.

During his four-day visit to Switzerland and Germany, he is likely to use "clear language" to promote smooth trade flows and prevent escalation of trade disputes between 皇冠体育app and the EU, they say.

Chinese German investment 'will remain robust'

Chinese investment in Germany will maintain its robust momentum in the near future while auto parts manufacturing is likely to become an emerging sector under more mergers and acquisitions from Chinese enterprises chasing advanced technology, analysts said on Monday.