Englisch

China-Central Asia Freight Trains: A Sign of Closer Economic Ties

Rapidly Growing Rail Connections

The use of freight trains between China and Central Asian countries is rapidly increasing, reflecting the deepening economic and trade relations in the region. New routes have been quickly established, with freight trains now operating from major Chinese cities like Wuhan, Tianjin, and Chongqing to Central Asian destinations such as Uzbekistan and Kazakhstan.

Record Figures in Freight Transport

The year 2024 marked a significant surge in activity within the freight train network. A total of 11,920 trains were operated, transporting 882,712 TEUs (Twenty-foot Equivalent Units). This represents an increase of 11.3% in the number of trains and 13.2% in transport volume compared to the previous year. This impressive development underscores the growing importance of rail transport for trade between the regions.

Complementary Markets Drive Growth

The growth of these trade links is largely attributed to the complementary market demands between China and Central Asia. China exports a variety of goods, including household appliances, while in return it imports products like fertilizers and wheat flour from Central Asia. These complementary trade structures create a strong foundation for the continued expansion of freight train services.

China as a Leading Economic Partner

Increased trade has led to China becoming the largest trading partner and a leading investor in several Central Asian countries. China’s total investments in these countries have exceeded 30 billion US dollars. This demonstrates China’s deep commitment and confidence in the economic development of Central Asia.

Trade Volume Reaches Historic High

In 2024, the total trade volume between China and Central Asian countries reached a record value of 94.8 billion US dollars. This historic figure highlights the dynamism and enormous potential of bilateral economic relations, solidifying the region’s position as an integral part of the global trade landscape.

europrochannel

europrochannel

euprochannel

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert