More cargo trains ex­pected by 2020

China Daily (Canada) - - BUSINESS -

There will be a safe, con­ve­nient and ef­fi­cient sys­tem for China-Europe di­rect cargo trains by 2020, the coun­try’s top eco­nomic plan­ning body said. An es­ti­mated 5,000 cargo trains will be run­ning be­tween China and Europe an­nu­ally by 2020, ac­cord­ing to a de­vel­op­ment plan is­sued by the Na­tional De­vel­op­ment and Re­form Com­mis­sion. 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.

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