Building An Inland Opening-up Highland, We are in Action!

Chinese President Xi Jinping stressed promoting high-standard opening up in a report to the 20th National Congress of the Communist Party (CPC) of China. Efforts will be made to preserve the diversity and stability of the international economic landscape and economic and trade relations.

In Southwest China, Chongqing Municipality, people from different industries dare to think and act, and dare to chase dreams. Building the city into an inland opening-up highland, they are on the way, they are unstoppable.

In Chongqing, the corridor economy plays a pivotal role in connecting to the world. The China Railway Express is one of the examples to further enhance China-Europe cooperation, in which the Yuxinou (Chongqing-Xinjiang-Europe) railway is the first China-Europe freight train route.

“The China Railway Express (Yuxinou) was born in response to Chongqing’s industrial development needs,” said Gao Dong, finance manager of Yuxinou (Chongqing) Supply Chain Management Co., Ltd. “Thanks to our current development and growth, the Yuxinou railway has started to boost Chongqing’s industries.”

So far, the China Railway Express (Yuxinou) has introduced more than 100 billion U.S. dollars of foreign investment and nearly 300 of the world’s top 500 companies, with the total value of foreign trade import and export exceeding 400 billion yuan (about 55.2 billion U.S. dollars).

“The Yuxinou railway has become a favorable support for Chongqing’s opening to the world,” Gao said. “Especially during the COVID-19 pandemic, our full-truck trains, cold chain trains, and epidemic supplies are constantly moving in and out of the country and abroad via the Yuxinou Railway and China Railway Express, which made me feel proud and honored to be a part.”

In addition to linking Europe, the New International Land-sea Trade Corridor (ILSTC) is another crucial route highlighting the China-ASEAN cooperation. The ASEAN is one of the most active regions in the global economy and has retained China’s largest trading partner for many years.

“The ILSTC effectively connects China with ASEAN countries, shortening the logistics cycle by more than 10 days,” said Liu Yizhen, Assistant General Manager of New Land-sea Corridor Operation Co., Ltd.

Thanks to the ILSTC, Chongqing’s agricultural products, like Zhongxian County oranges and Wushan crisp plums, can be exported conveniently.

In the future, more export experiences will be applied to other agricultural goods so that a diverse range of Chongqing’s unique products can enter the international market, thus helping to upgrade the agricultural industry and international brands, said Zheng Xian, Transportation Logistics & Aviation Industry Promotion Department at China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity Administrative Bureau (CCIB).

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