Home breadcru News breadcru Import/Exports breadcru China's land-sea corridor's goods transportation up 14% in Jan-Sept

China's land-sea corridor's goods transportation up 14% in Jan-Sept

04 Oct '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • The New International Land-Sea Trade Corridor in China saw a 14 per cent year-on-year increase in goods transported, handling 633,000 TEUs in the first three quarters of 2023, as per China Railway Nanning Group data.
  • The corridor now covers 61 cities across 18 provincial regions in China and connects to 393 ports in 119 international territories.
In the first three quarters of 2023, the China’s New International Land-Sea Trade Corridor experienced a 14 per cent year-on-year increase in goods transportation, handling 633,000 twenty-foot equivalent units (TEUs) containers, according to data released by China Railway Nanning Group Co, Ltd.

The corridor, which has seen rapid development, now encompasses 61 cities across 18 provincial regions in China and connects to 393 ports in 119 international territories, as per Chinese media reports.

ALCHEMPro News Desk (DP)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!