China’s current economic situation: interconnection, smooth logistics and active trade

       CCTV News:Since the beginning of this year, China has improved infrastructure construction, reduced logistics costs, and made great efforts to build an open, inclusive and interconnected three-dimensional international logistics network, which has injected a steady stream of impetus into trade and economic development.

       This train, full of 1377 tons of wheat from Kazakhstan, will arrive in Vietnam in just 20 days after being reloaded at Lianyungang Sino-Kazakhstan Logistics Base. The return train will send goods from China, Japan, South Korea and Southeast Asia to Central Asia and Europe. Through transportation by sea, land, air and rail, the active Asian economic circle and the mature European economic circle are closely connected.

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       Kong Xiangwei, Director of Production and Business Department of China-Kazakhstan Logistics Base:Normal operation has been formed, which is conducive to improving the convection of east and west goods and reducing the logistics cost of customers.

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       In order to improve transportation efficiency and reduce logistics costs, the state has improved the port price mechanism, streamlined port charges, liberalized competitive service charges, and vigorously promoted the combined transport of hot metal with ports as the hub, and actively promoted direct transportation between the Yangtze River and the Yangtze River Delta. From January to May this year, the national ports completed 1.746 million TEUs of container hot metal combined transport, up 34.8% year-on-year. It is estimated that the burden on enterprises will be reduced by 13 billion yuan in 2018.

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       Owner Gu Danfeng:It can save a container with a logistics cost of about 3,000 RMB at a time, which also greatly enhances our competitiveness in the Southeast Asian market.

       The smooth flow of logistics has promoted active trade. In the first half of this year, the transportation production of major ports in China was running smoothly, the port cargo throughput and foreign trade cargo throughput maintained growth, and the container throughput increased rapidly. The cargo throughput of ports above designated size was 6.54 billion tons, a year-on-year increase of 2.4%; The throughput of foreign trade goods was 2.08 billion tons, up 2.9% year-on-year. Port container throughput is expected to reach 120 million TEUs, up 5.4% year-on-year.

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       Yi Jiyong, Deputy Director of the Water Transport Bureau of the Ministry of Transport:In the first half of the year, China’s national economy continued to maintain a steady and positive development trend, and foreign trade maintained a steady and positive trend, and its quality and efficiency were further improved.

       As an important support of cross-border e-commerce trade, through joint ventures and strategic cooperation, many express delivery companies have invested in building a world-class aviation logistics hub overseas. In the first half of the year, the international, Hong Kong, Macao and Taiwan express delivery business reached 520 million pieces, and the daily average of cross-border express delivery reached 5.5 million pieces.

       International Post Office Development Research Center Hu Kai:Our service network has been able to reach more than 50 major countries, and there are hundreds of thousands of square meters of overseas warehouses in North America, Europe and other major export areas in Australia, which have laid a very good foundation for the export of cross-border e-commerce trade and have the prerequisites.

       In the first half of this year, 2,490 trains were operated in China and Europe, up 69% year-on-year, and the international cargo and mail transportation volume of civil aviation was 1.161 million tons, up 11.6% year-on-year. The open, inclusive and increasingly perfect modern logistics network made economic and trade exchanges more active and the national economy developed steadily.