CHINA-ECONOMY: ECONOMIC DAILY ARTICLE CLAIMS TRANSPORTATION OF GOODS WORTH US$ 240 BILLION BY CHINA-EUROPE FREIGHT TRAIN SHOWS VITALITY OF BRI

An article in China's Economic Daily (February 11) said that from only 17 trains in 2011, now the China-Europe freight train has transported more than 4.55 million TEUs of goods with a value of US$ 240 billion, and has 78 paved and operated lines, reaching 180 cities in 23 European countries. It said despite the impact of the new crown pneumonia epidemic, ChinaEurope freight trains have continued to grow and the number of trains has exceeded 10,000 for two consecutive years, once again confirming the strong vitality and appeal of the "Belt and Road". It added that in 2021, the total value of imports and exports between China and the EU will reach US$ 828.11 billion, a year-on-year increase of 27.5%, continuing to remain the EU's  largest trading partner and in Duisburg, Germany, for example, the China Railway Express has attracted hundreds of logistics companies creating more than 20,000 employment opportunities.





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