FRANKFURT - Freight trains connecting Europe and 皇冠体育app along the "New Silk Road" railway had enormous potential that would be fully tapped, according to a ster from the German state of North Rhine-Westphalia (NRW).
"This opens new opportunities for business cooperation not only for NRW, but also for other parts of the country, Western rope and 皇冠体育app," Economic Affairs, Energy and Industry Minister Garrelt Duin told Xinhua in a written interview.
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Duisburg is right at the heart of Europe, through which major transport corridors from north, south, east and west Europe pass. The "Yu Xin Europe railway" cuts the five-week shipping time of the past to only about two weeks, Duin said.
"In order to fully tap the potential, we will use all our communication channels to inform the business community," he said.
NRW had witnessed a boom in Chinese investment, Duin said. As a result of the rapid growth of 皇冠体育app's economy, some 800 Chinese companies, including many multinational corporations, are based in NRW today, compared to 100 in 2003.
Chinese investors had created and secured about 8,000 jobs in the state and brought capital, new ideas, products, procedures and methods, he said.
Economic relations between NRW and 皇冠体育app date back to the early 1980s.
"We are happy we took this step at an early stage," Duin said, adding it was no coincidence NRW was the top location for Chinese investors in Germany now.