The rail-sea intermodal freight trains running along China's New International Land-Sea Trade Corridor transported a total of 756,000 TEUs of containers in 2022, up 18.5% year-on-year.
China Railway Nanning Group Co., Ltd. said since the Regional Comprehensive Economic Partnership (RCEP) was put into force a year ago, trade and economic cooperation inside the region have continued to improve, with goods from China and other RCEP member states turning around rapidly at Qinzhou Port.
"According to Qinzhou Port customs in Guangxi, the import and export value of goods between China and other RCEP member countries through the port reached 69.77 billion yuan (about US$10 billion) in the first 11 months of 2022, up 44.7% year on year," state media, Xinhua, said in a report.
Launched in 2017, the New International Land-Sea Trade Corridor is a trade and logistics passage jointly built by provincial-level regions in western China and ASEAN members.
The New International Land-Sea Trade Corridor has developed over the years, expanding the number of destinations to 338 ports in 113 countries and regions.