New Land-Sea Trade Corridor Moves Over 500,000 TEUs This Year
Title: New Land-Sea Trade Corridor Transports Over 500,000 TEUs This Year Description: In a significant achievement, the new land-sea trade corridor has successfully transported more than 500,000 twenty-foot equivalent units (TEUs) this year. This milestone highlights the corridor's growing importance in global trade, offering an efficient and effective route for the movement of goods.
TroibNews 
As of August 2, 2024, over 500,000 twenty-foot equivalent unit (TEU) containers for rail-sea intermodal transportation have been delivered through the New International Land-Sea Trade Corridor, marking the highest level for this period in any year, as reported by China Railway Nanning Bureau Group Co., Ltd.
This corridor is situated in the hinterlands of China's western regions, linking the Silk Road Economic Belt from the north, the 21st Century Maritime Silk Road from the south, and the Yangtze River Economic Belt.
Since the launch of the overall plan by China five years ago, more than 3.1 million TEUs for rail-sea intermodal transportation have been moved via this trade corridor.
In the last five years, transportation time has been cut by nearly 20 percent, while transportation capacity has grown by 6.5 percent.
During this period, the rail-sea intermodal transportation network along the corridor has extended from 14 provinces to 18 provinces across the country. The New International Land-Sea Trade Corridor now connects to 518 ports in 124 countries and regions globally. The volume of cargo transported increased from 94,000 TEUs in 2019 to 861,000 TEUs in 2023, an impressive eightfold rise.
The rail project's highlight, linking Huangtong railway station in southwest China's Guizhou Province and Baise City in south China's Guangxi Zhuang Autonomous Region, is under construction. The major projects of the Nanning-Pingxiang Railway, which connects Guangxi's capital Nanning to the border city Pingxiang, have been completed and will commence operations next year. The plan anticipates the entire corridor's construction to be finished by 2025.
James del Carmen contributed to this report for TROIB News
This corridor is situated in the hinterlands of China's western regions, linking the Silk Road Economic Belt from the north, the 21st Century Maritime Silk Road from the south, and the Yangtze River Economic Belt.
Since the launch of the overall plan by China five years ago, more than 3.1 million TEUs for rail-sea intermodal transportation have been moved via this trade corridor.
In the last five years, transportation time has been cut by nearly 20 percent, while transportation capacity has grown by 6.5 percent.
During this period, the rail-sea intermodal transportation network along the corridor has extended from 14 provinces to 18 provinces across the country. The New International Land-Sea Trade Corridor now connects to 518 ports in 124 countries and regions globally. The volume of cargo transported increased from 94,000 TEUs in 2019 to 861,000 TEUs in 2023, an impressive eightfold rise.
The rail project's highlight, linking Huangtong railway station in southwest China's Guizhou Province and Baise City in south China's Guangxi Zhuang Autonomous Region, is under construction. The major projects of the Nanning-Pingxiang Railway, which connects Guangxi's capital Nanning to the border city Pingxiang, have been completed and will commence operations next year. The plan anticipates the entire corridor's construction to be finished by 2025.
James del Carmen contributed to this report for TROIB News
