Xinjiang logistics network cuts PVC shipping costs
Oct. 25, 2018
Sino Euro Cargo Railway, a logistics network linking China's Xinjiang autonomous region with central Asian and European countries, is reducing logistics costs by $300 per 40-foot shipping container this year, an executive in charge of the railway's operations said.
Nan Jun, deputy general manager of Xinjiang Xintie International Logistics Co Ltd, said the reduction in cost was due to their negotiation process with overseas railway administrations, and comes from a hope of jointly promoting cross-border trades.
"There is a huge potential for overseas trade between China and central Asian countries through land port in Xinjiang, as the countries' industrial development is complementary," Nan said.
"We hope a reduction in logistic costs will attract more businesses as the Sino Euro Cargo Railway is growing to be a vital artery to strengthen trade ties with central Asian and European countries," Nan added.
Goods produced in Xinjiang and other Chinese provinces can be shipped to Uzbekistan, Kazakhstan, and other 21 countries and regions through a collection center based in Urumqi, Xinjiang's capital, which was set up by the Urumqi Railroad Bureau.
Nan said goods shipped to Europe are mostly chemical products, like PVC and farm products. Central Asian countries, however, have a large import need for everyday items.