The construction of Suining's logistics port project is gaining momentum, combining rail freight with e-commerce logistics to inject new vitality into the market. Companies such as Western Logistics Park and Shunyi Tong Logistics are actively expanding their businesses, utilizing technology and service innovations to enhance logistics value and promote regional economic development.
China Railway Group has partnered with China Construction Bank to launch a pilot program for railway logistics financial services. The initiative introduces three financial products: 'Railway Freight Loan', 'Letter of Credit Settlement', and 'Railway Document Financing', aimed at reducing logistics costs and supporting the development of the real economy. The pilot will cover regions including Sichuan, Chongqing, Yunnan, Guangxi, and Hubei, benefiting various market participants.
The China-Europe Railway Express (Qilu Number) consolidation center in Jinan, Shandong Province, has recently begun construction, becoming a vital logistics hub connecting China and Europe. This project includes a multifunctional area providing both basic and value-added services, supporting the robust development of the international logistics network.
Laos is accelerating railway construction, officially approving the first phase of the Laos-Vietnam railway and actively preparing for the Vientiane-Champasak railway. This move aims to open up cross-border transportation channels, build a north-south economic artery, and transform Laos from a “land-locked” to a “land-linked” country. It will solidify its hub function in the ASEAN regional supply chain, promote tourism development, and achieve comprehensive economic upgrading. The railway projects are crucial for Laos's economic transformation and regional integration.
China's modern railway logistics system is rapidly advancing to reduce overall logistics costs and support the development of the real economy. With the 'Single Document' model of the Iron-Sea Express, companies can simplify logistics connections and increase transportation efficiency by 40%. To date, 165 railway logistics bases have been established, with 340 direct express freight routes in operation and 186 logistics bundle projects underway. Future efforts will focus on enhancing key regional infrastructures to improve competitive transport markets and promote high-quality economic growth.
China's railway freight reform is accelerating, centered on the 'Direct-to-Direct' strategy aimed at direct connections with large and medium-sized enterprises to enhance logistics efficiency. The planned construction of 208 logistics bases will strengthen container transportation capabilities, injecting new vitality into the freight market. In the future, the railway system will continue to focus on market analysis, transportation organization, and institutional improvements to drive a comprehensive transformation and upgrade of railway freight.
Railway freight has gradually become an important logistics option due to its advantages of efficiency, accuracy, and safety. Its features include stable transit times, relatively fast speeds, large transport capacity, and lower transportation costs. Although the initial construction investment is high, integrating collaboration across various business sectors can ensure the efficiency and safety of railway transportation.
The operational process of railway freight transportation includes steps such as order submission, waybill completion, payment of transportation fees, and receipt of certificates. During transportation, the carrier is responsible for managing the transportation contract and handling any obstacles. The process also involves declaration planning, goods application, vehicle requests, loading, and transport, ensuring that goods are delivered safely and efficiently to their destination.
Rail transport between Malaysia and Vietnam is gaining prominence as a new logistics channel connecting the two countries, fostering trade, tourism, and investment. Offering cost-effectiveness, environmental friendliness, and convenience, rail provides a fresh alternative for businesses and travelers, creating new opportunities for economic growth. The route, connecting Kelantan with Ho Chi Minh City, spans approximately 800 kilometers with a transit time of around 24 hours, offering a lower cost compared to road transportation. This efficient and reliable rail link strengthens bilateral ties and supports regional development.
The Zhengzhou railroad's Zhengou freight train has recently been renamed the China-Europe freight train, marking a significant reform in China's international freight sector by integrating resources and enhancing brand image. The new brand launch is expected to increase the frequency and efficiency of train operations, with a goal of achieving three outbound services per week. The China-Europe freight train will cover a broader economic area, promote regional industrial clustering, and strengthen connections with international markets, contributing to the Belt and Road Initiative.
