China Increases Trade by Equipping West Asia with Iron Nets

China Equips West Asia with Iron Nets and Increases Trade
China Increases Trade by Equipping West Asia with Iron Nets

In the first five months of the year, the number of containers sent via the New International Land-Sea Trade Corridor in China increased by 37,7 percent on an annual basis. According to the information obtained from China Railway, the number of containers sent within the scope of the New International Land-Sea Trade Corridor, which aims to integrate the western region of China into the global economy in the January-May period, reached 37,7 thousand TEU with an increase of 310 percent.

It was stated that the implementation of the Regional Comprehensive Economic Partnership (RCEP) Agreement by the beginning of the year has also advanced the construction of the New International Land-Sea Trade Corridor.

The new lines connecting sea routes to railways, including the "United Arab Emirates (UAE)-Qinzhou-Lanzhou" and "Southeast Asia-Qinzhou-Xi'an" lines, have become a powerful factor accelerating the social and economic development of the western region of China. He was said to have come.

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