|Jinhua CRE Trains at “Capital” Level|
In 2020, the Jinhua China Railway Express (CRE) developed rapidly, with a year-over-year growth rate of 129.6%, ranking Yiwu first among more than 50 cities nationwide that ran CRE trains. A total of 1,399 trips were made throughout the year, accounting for 11.3% of total CRE trips. The Jinhua CRE surpassed its counterparts leaving from Urumqi and Zhengzhou, coming behind only Xi’an, Chengdu, and Chongqing for years running, and ranked fourth for the development of China-Europe trains.
In 2020, Jinhua CRE trains made 425 trips and shipped 35,142 TEUs, a year-over-year increase of 313%. Among the trips, 176 were return trips from Europe, accounting for 41% of the total and ranking first nationwide as far as the growth rate and the rate of return trips are concerned.
As of the end of 2020, more than 50 cities have run CRE trains nationwide, and 29 cities have run more than 100 CRE trains. The five transportation hub cities of the CRE—Zhengzhou, Chongqing, Chengdu, Xi’an, and Urumqi—are all capital cities in their provinces with the associated advantages of location and resources. As a prefecture-level city, Jinhua has developed in a relatively short period by leveraging its advantages of vast market and innovation. In 2020, the total number of Jinhua CRE trains ranked the fourth nationwide. Thus, Jinhua plays a significant role in the development of CRE trains. (Translated by Zhang Jiajia, edited by Kendra Fiddler)