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China Railway Express Thrives
Post Time: 19/04/2018

The China-Europe Railway Express is significant for Zhejiang to participate in the B&R Initiative. So far, there have been nine railways, along which are eight warehouses and five logistical distribution centers.

According to Yiwu Customs, in January and February of 2018, the imported and exported goods that the CRE carried were worth 1.33 billion RMB, a year-on-year increase of 108.5%. Of that, the exported goods were worth 1.07 bn RMB, a year-on-year increase of 76.6%, and the imported goods accounted for 0.258 bn RMB, a year-on-year increase of 740%.

At present, among all the China-Europe expresses, the CRE has the most railways, the greatest degree of marketization, and the highest efficiency. (By Wu Fengyu, translated by Pu Yanli, edited by Kendra Fiddler)


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