Cooperation between Sanmen and the CRE

Post Time: 2020-05-21
     On May 14, Sanmen (a county in Taizhou, Zhejiang) and China Railway Express Service Group Co., Ltd. signed a memorandum to establish a close cooperation mechanism, which will advance the efforts of Sanmen’s companies in going global, developing emerging markets in countries along the Belt and Road (B&R), promoting the high-quality development of Sanmen’s economy, and helping Zhejiang become an important window to demonstrate the superiority of the system of Socialism with Chinese Characteristics.

The China Railway Express (CRE) trains—one of the early outcomes of the B&R initiative—have set up a new trade channel, which has effectively promoted the interconnection of countries and regions along the railway. It also contributes to the extensive consultation, joint contributions, and shared benefits between Zhejiang and several European countries. 

Sanmen, as a county with distinctive geographical advantages, connects the city of Ningbo to Shanghai in the north. It has excellent ecological resources, obvious location advantages, and huge industrial development potential. There are 289 foreign trade companies in this county, of which 181 have entered into trade partnerships with countries along the B&R.

Collaboration with the CRE will provide a new platform through which Sanmen’s companies can enter the European market. The two sides reached a cooperation consensus on the following aspects: regular meetings, the need for establishing a consultation mechanism for major issues and a liaison mechanism for daily work, and that China Railway Express Service Group Co., Ltd. will improve land transportation routes for Sanmen’s foreign trade companies, develop the B&R markets, and introduce high-quality foreign companies to settle in Jinhua. (Translated by Wei Han, edited by Kendra Fiddler)

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