Health of logistics networks for global trade in China sound: Govt

22 Sep '23

1 min read

Pic: Luca Rei / Shutterstock

Insights

The health of China's logistics networks for global trade has been sound this year, with steady throughput growth at ports, a rise in air freight volume and stable China-Europe freight train services.
The total throughput for foreign trade at Chinese ports stood at 3.34 billion tonnes between January and August this year—up by 9.7 per cent year on year.

The health of logistics networks for global trade in China has been sound this year, with steady throughput growth at ports, a rise in air freight volume and stable China-Europe freight train services, according to Wang Xiuchun, an official from the transport ministry.

The total throughput for foreign trade at Chinese ports stood at 3.34 billion tonnes in the first eight months of the year—up by 9.7 per cent year on year (YoY) and 16.9 per cent higher than the same period in 2019.

About 10.32 million tonnes of international cargo and mail were sent by air during the eight months—up by 4.9 per cent YoY, a state-controlled media outlet reported.

A total of 1.26 million twenty-foot equivalent unit containers of goods were transported during the period via 86 freight train routes linking Chinese cities with 217 European destinations. The volume marked a 23 per cent YoY increase.

The freight volume at major trade ports, including Horgos and Suifenhe, surged by 89.1 per cent YoY in August, and international delivery networks improved as well, with an accelerated global push from Chinese courier companies, Wang added.

ALCHEMPro News Desk (DS)

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