Chinese President Xi Jinping praised the China-Europe Railway Express for its role in enhancing economic and trade cooperation during the China-Europe Railway Express Cooperation Forum in Lianyungang, Jiangsu province, marking the 10th anniversary of the service. Over the past decade, these freight trains have transported goods worth over $340 billion, connecting 217 cities in 25 European countries.
The China-Europe Railway Express has grown to become a vital alternative to traditional shipping methods, offering faster, more reliable, and diversified transportation options. It has facilitated the efficient transportation of various goods, making it a key player in international trade.
President Xi stated that China remains committed to the principles of consultation, contribution, and shared benefits, contributing to the global community’s shared future. The Belt and Road Initiative (BRI), initiated in 2013, saw the launch of the China-Europe freight train service, often referred to as the “steel camel caravans” of modern times.
The service has expanded significantly in terms of geographic reach, covered countries and cities, and the variety of goods transported. Mechanical and electrical products, vehicles, and auto parts have seen substantial growth. The China-Europe Railway Express is favored for its efficiency, taking just 25 days to reach Europe compared to two months by sea.
In the first half of 2023, the maximum load capacity of a single China-Europe freight train was increased from 2,500 to 3,000 tons, and the service now transports over 50,000 different types of goods. It has proven to be an efficient alternative for exporters, particularly for shipments to Central Asian countries and Europe.
China’s foreign trade operations have remained robust, with steady growth in the China-Europe Railway Express during the first eight months of 2023. The number of train trips rose by 5 percent YoY to 10,575, transporting 1.02 million TEUs of goods, a 6 percent increase from the previous year. In August alone, there was an 18 percent YoY increase in the number of train services, reaching a record 1,585 trips.
As the Belt and Road Initiative celebrates its 10th anniversary, plans are underway to expand the China-Europe Railway Express with new routes and improved services. Chinese logistic hubs are exploring ways to further strengthen connections to Europe and transport electronic components and specialty goods via the railway express.
The China-Europe Railway Express continues to play a pivotal role in fostering economic cooperation, connecting nations, and contributing to the growth of international trade, solidifying its position as a vital player in the global economy.