A freight train service linking Xi’an, capital of northwest China’s Shaanxi Province with Moscow, capital of Russia, began operations on Tuesday [6 December 2016]. The train of 41 containers mainly carrying consumer durables, left Xi’an at 10:50 a.m. and will pass through Kazakhstan before reaching Moscow, sources with the Xi’an International Trade and Logistics Park said…Full Article: ECNS.cn Dec 2016
- The Xi’an-Moscow freight train service will take 11 days and follows the previously opened routes of Xi’an-Warsaw and Xi’an-Hamburg.
- In November 2016, freight train service from Yiwu, Zhejiang Province, to Riga, Latvia (via Russia) began operation.
- In October 2016, two new Russian Far East trade corridors with the Chinese provinces of Jilin and Heilongjiang were under construction. The Pogranichny-Suifenhe border checkpoint in China’s Heilongjiang Province and Russia’s Primorsky Krai is a major overland trade hub. However, Russia is constructing two international transportation corridors (Primorye 1 and Primorye 2) that will link up with the Chinese provinces of Heilongjiang and Jilin. Both transportation corridors will be administrated by the city of Vladivostok.
- In May 2016, freight train service from China’s Ürümqi to Kazakhstan’s Almaty (aka Alma-Ata) began operating once a week. In November 2016, the Ürümqi-Almaty cargo route was increased to daily service.
- In the Autumn of 2013, Chinese President Xi Jinping launched The Silk Road Economic Belt and the 21st-century Maritime Silk Road, a strategic initiative to boost the economic development and trade of countries lying along the South China Sea, Bay of Bengal, Arabian Sea, Indian Ocean, and Red Sea, as well as overland in Central Asia and Europe.
Hong Kong Trends