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A China-Europe freight train stops in Yiwu, Zhejiang province. [Photo provided to chinadaily.com.cn]
A Yiwu-Xinjiang-Europe freight train loaded with 100 twenty-foot equivalent units of auto parts and mechanical equipment left Yiwu Railway Station on Dec 4 for Moscow, the capital of Russia, from Erlianhot Port.
It was the 1,506th train to depart from the Yiwu platform of the China-Europe freight train this year.
Official data shows that as of Dec 4, the Yiwu platform of the China-Europe freight train set a new record in terms of total shipments and growth rate of return trains this year. The platform sent 124,000 TEUs of goods, a year-on-year increase of 26 percent, of which return trains surged by 135.3 percent year-on-year.
Song Qingrong, general manager of Yiwu Baiye Logistics Co, said the company is able to achieve loans equal to 70 percent of the remaining payment of orders from local banks in Yiwu if the goods are transported by China-Europe freight trains, making foreign trade easier.
Yiwu Baiye Logistics Co is located in the Jinyi Area of the China (Zhejiang) Free Trade Zone in Yiwu and works in the foreign trade procurement and international transportation business.
Yiwu has been working to promote information exchanges among customs, railways, platforms, and enterprises in order to provide complete online services for Yiwu-Xinjiang-Europe freight train trips. The Yiwu Railway Station received approval to build a digital supervision warehouse.
So far, the Yiwu platform of the China-Europe freight train has operated over 4,900 trains carrying over 400,000 TEUs of goods. With 18 routes, the trains now travel to 101 overseas stations in over 50 countries involved in the Belt and Road Initiative, including France, Italy, the Netherlands, Hungary, Russia, Belarus, Azerbaijan, and five Central Asian countries.