A new China-Europe freight train running between eastern China’s Jiangxi Province and Uzbekistan has been launched. The train loaded with steel coils, garments and daily items, valued at 1.8 million U.S. dollars, departed from Ganzhou city Friday [7 July 2017] and is expected to leave China through Horgos in Xinjiang Uygur Autonomous Region, arriving in Tashkent 12 days later…Full Article: ECNS.cn July 2017
- In May 2017, China COSCO Shipping Corporation and Jiangsu Lianyungang Port purchased a 49% stake (24.5% each) in Kazakhstan’s Khorgos-East Gate Special Economic Zone. The SEZ is located 15 km from China’s Xinjiang Region. Rail freight can reach Europe in roughly 10 days and Jiangsu Province’s Lianyungang Port in 5 days.
- In mid-March 2017, Horgos (Khorgas) border center launched 12 self-service customs clearance checkpoints.
- In February 2017, freight train service between n Xi’an, Shaanxi Province, and Tashkent, Uzbekistan, was launched. Approximately 3,000 MTs of Uzbek cotton yarn will be exported monthly to eastern and northern China.
- In December 2016, freight train service between Xi’an (Shaanxi Province) and Moscow began operation. The Xi’an-Moscow freight train service took 11 days (via Kazakhstan) and followed the previously opened routes of Xi’an-Warsaw and Xi’an-Hamburg.
- From 2011 to 2015, mainland Chinese imports of cotton from Uzbekistan decreased from US$554 million to US$547 million. In 2015, the bulk of mainland imports were raw/unprocessed cotton (US$285 million) and cotton yarn (US$261 million).
- In April 2012, the Horgos (Khorgas) International Border Cooperation Center opened on the Chinese-Kazakh border.
Hong Kong Trends