China rail freight activity continues to rise

Chinese rail freight train to Europe. Licensed to London News Pictures. 18/01/2017. London, UK. Photo credit: Peter Macdiarmid/LNP
© Licensed to London News Pictures. 18/01/2017. London, UK. A traditional dance greets the first direct rail freight train from China as it arrives at Barking Rail Freight Terminal east of London. The new service set off from China on the 3rd of January this year. London is now the 15th European city to join what the Chinese government calls the New Silk Route. Photo credit: Peter Macdiarmid/LNP

The relentless activity in China’s rail freight sector shows no sign of slowing, with another steady month of growth recorded in October, according to state carrier the China Railway Corporation. Railways carried 255 million tonnes of cargo last month, up 4.3 per cent on the previous year.

In the first 10 months of the year, rail freight volumes totalled 2.44 billion tonnes, a rise of 12.8 per cent on 2016, reports the Xinhua News Agency, the official state press bureau. Rail freight, along with passenger volumes, which also rose last month (11 per cent), are seen as a solid indicator of the country’s economic activity. They also demonstrate the potential for continued West-East rail-based trading opportunities, such as the recently-launched services linking China with Finland and the Port of Hamburg.

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Author: Simon Weedy

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China rail freight activity continues to rise | RailFreight.com

China rail freight activity continues to rise

Chinese rail freight train to Europe. Licensed to London News Pictures. 18/01/2017. London, UK. Photo credit: Peter Macdiarmid/LNP
© Licensed to London News Pictures. 18/01/2017. London, UK. A traditional dance greets the first direct rail freight train from China as it arrives at Barking Rail Freight Terminal east of London. The new service set off from China on the 3rd of January this year. London is now the 15th European city to join what the Chinese government calls the New Silk Route. Photo credit: Peter Macdiarmid/LNP

The relentless activity in China’s rail freight sector shows no sign of slowing, with another steady month of growth recorded in October, according to state carrier the China Railway Corporation. Railways carried 255 million tonnes of cargo last month, up 4.3 per cent on the previous year.

In the first 10 months of the year, rail freight volumes totalled 2.44 billion tonnes, a rise of 12.8 per cent on 2016, reports the Xinhua News Agency, the official state press bureau. Rail freight, along with passenger volumes, which also rose last month (11 per cent), are seen as a solid indicator of the country’s economic activity. They also demonstrate the potential for continued West-East rail-based trading opportunities, such as the recently-launched services linking China with Finland and the Port of Hamburg.

You just read one of our premium articles free of charge

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Author: Simon Weedy

Simon is a journalist for RailFreight.com - a dedicated online platform for all the news about the rail freight sector

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