The total number of China-Europe freight trains has exceeded 50,000

2022-08-20 0 By

Beijing, January 29 (Zi Qian) — As of January 29, 2022, the Total number of China-Europe freight trains has exceeded 50,000, carrying more than 4.55 million TEUs of goods and a value of 240 billion US dollars, reaching 180 cities in 23 European countries, according to China National Railway Corporation.It will contribute to ensuring the stability of international industrial and supply chains and promoting the high-quality development of the Belt and Road initiative.From 2016 to 2021, the annual number of China-Europe freight trains increased from 1,702 to 15,183, with an average annual growth of 55 percent.The cargo category has expanded from mobile phones, laptops and other IT products to more than 50,000 kinds of auto parts and vehicles, chemicals, mechanical and electrical, grain, wine, wood, etc.The annual value of goods transported increased from US $8 billion to US $74.9 billion, and China’s share of total china-eu trade increased from 1.5% to 8%.In terms of operation quality, the heavy container rate of China-Europe freight trains has also seen steady growth in recent years, with the overall heavy container rate rising from 77.2% in 2016 to 98.1% in 2021.By strengthening the development of return cargo sources, the number of round-trip trains will be more balanced, the proportion of return trains and outbound trains will be increased from 50.6% in 2016 to 81.5% in 2021, and the whole journey time will be reduced from 24 days to the minimum of 12 days. The transport efficiency of trains will be greatly improved, and the cost of social logistics will be reduced.The rapid development of China-Europe freight trains has strongly promoted the opening up of inland cities in China, said an official of China National Railway Group.In the future, the demand for China-Europe freight train transportation will remain high. China Railway Group will continue to give full play to its industry and professional advantages, constantly innovate and improve the quality of service, and continue to strengthen the brand building of freight train to provide new momentum for the construction of the Belt and Road initiative.