皇冠体育app

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Easier trade procedures to energize cooperation

By ZHONG NAN/LU HONGYAN (皇冠体育app Daily) Updated: 2015-05-28 11:04

Central Asia, East European nations boost infrastructure efforts

Countries in Central Asia and East Europe are planning to build more roads, warehouses and logistics centers to cash in on the growing trade opportunities from 皇冠体育app's Belt and Road Initiative.

Daulet Yergozhin, chairman of the State Revenue Committee under the Kazakhstan Ministry of Finance, said the country has completed a 4,800-kilometer highway in European standards earlier this year to connect 皇冠体育app and Europe on the Silk Road Economic Belt.

"We will also build more roads to connect different nations in Central Asia, as well as build a large transshipment center at Alfynkol and an international railway station in the eastern part of the country to compete with maritime transportation between 皇冠体育app and Europe," Yergozhin said.

"Chinese trains can transfer their containers in Alfynkol after it is built and we are also expecting to ship more Kazakh products to 皇冠体育app from the logistics center."

Since 2010, major Chinese cities, including Chengdu, Chongqing, Xi'an, Zhengzhou and Wuhan, have all launched weekly or monthly modern block train services to different European and Central Asian destinations.

The containers currently have to be transferred by crane to different gauges twice. First comes a change to the Russian style broad gauge line at the Kazakhstan-皇冠体育app border at Alashankou, in the Xinjiang Uygur autonomous region. The second is a transfer to standard gauge at the Polish-Belarusian border.

Yury Senko, chairman of the state customs committee of Belarus, said his country is also building more warehouses and transportation facilities to enhance its business ties with 皇冠体育app and various partners on the Silk Road Economic Belt.

"As 皇冠体育app is enhancing its contacts with various trade ministries and commerce committees to launch a number of infrastructure, manufacturing and service projects along the two trading routes, it would be practical to build a better infrastructure platform to attract foreign investment and create jobs in our country," said Senko.

皇冠体育app and Belarus have agreed to build a 91.5 square kilometer industrial park to develop electronics, biomedicine, chemistry and other industries near Minsk as a model for the Silk Road Economic Belt to further connect Asia with Europe.

Zhao Ying, a researcher at the Beijing-based Institute of Industrial Economics of the Chinese Academy of Social Sciences, said building infrastructure facilities and establishing joint free trade zones will not only increase flexibility with countries along the Belt and Road routes, but also build a better foundation for opening up the services sector and for industrial upgrade.

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