CHINA'S RAIL FREIGHT VOLUME HITS NEW HIGH IN MAY

China's rail cargo volume hit a new high in May, rising 6.6% year on year.

 

State media, citing data from the China State Railway Group Co., Ltd. said a total of 340 million tonnes of cargo were transported through China's railway network last month, up 21.1 million tonnes from a year ago.

 

"China's railway authorities have ramped up support for smoothening logistics and facilitating work resumption," Xinhua said, adding that measures have also been taken to ensure the supply of key materials and stabilize international industrial and supply chains.

 

It said rail cargo transport through the New International Land-Sea Trade Corridor also increased by 20.5% year on year to 78,000 twenty-foot equivalent unit (TEUs) containers in the same period.

 

The New International Land-Sea Trade Corridor is a trade and logistics passage jointly built by Singapore and provincial-level regions of western China with Chongqing municipality being the center of operation for the corridor.

 

Its reach expands to 315 ports in 107 countries and regions.