China-Europe Cargo Trains
A safe, convenient and efficient system for China-Europe direct cargo trains will be established by 2020, the National Development and Reform Commission (NDRC) has said.
It is estimated that there will be around 5,000 cargo trains running between China and Europe annually by 2020, according to a development plan issued by the NDRC.
As a key component of the Belt and Road Initiative, direct cargo trains will connect a growing number of cities in China and Europe.
Demand for rail cargo service between China and Europe has exploded in recent years because it offers an alternative to slower and riskier sea freight and much costlier air cargo.
The development plan shows that the cargo train service system will consist of three routes—an east route, a central route and a west route. The routes will not only connect China with Europe, but also with East Asia and Southeast Asia.
Forty-three transport hubs will be created along the three routes and 43 railway lines will be built, according to the plan.
From 2011 when the ChinaEurope rail cargo service was launched to June this year, 1,881 trains were operated, transporting goods worth $17 billion.
The European Union has been China’s largest trading partner for more than a decade, while China is one of the EU’s biggest sources of imports. Bilateral trade amounted to 3.51 trillion yuan ($519 billion) in 2015, according to the Ministry of Commerce.