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Strong rebound in foreign trade in China's Guangdong due to trains

18 May '22
2 min read
Pic: Mitch1921 | Dreamstime.com
Pic: Mitch1921 | Dreamstime.com

The Guangdong province in China witnessed a strong rebound in foreign trade and economy despite the impact of the COVID-19 pandemic, with 230 international freight trains departing the southern province for overseas destinations in the first four months of this year. The figure represents a year-on-year (YoY) growth of 91.6 per cent, statistics from Guangdong customs show.

The growing number of freight trains set out primarily from the prosperous Pearl River Delta cities in the province to destinations in Central Europe, Central Asia and Southeast Asia that have already established close economic ties with Guangdong, the department said in a statement.

On May 10, a freight train carrying 100 standard containers of lamps, furniture, clothing, shoes, boots, household appliances and related products manufactured in the Guangdong-Hong Kong-Macao Greater Bay Area left the Guangzhou Dalang international logistics and freight base for its European destination.

It was the 500th freight train that has headed to Europe from the Dalang base since its maiden trip in August 2016, official Chinese media reported.

By the end of April, a total of 27 freight trains had headed from cities in the Greater Bay Area to Laos’ capital Vientiane via the China-Laos Railway line, which started operations in early December.

The Greater Bay Area includes the Guangdong cities of Guangzhou, Shenzhen, Zhuhai, Dongguan, Foshan, Zhongshan, Huizhou, Jiangmen and Zhaoqing, plus the Hong Kong and Macao special administrative regions.

Guangdong, China's biggest province for foreign trade, had an import and export volume of more than 8.27 trillion yuan ($1.28 trillion) in 2021, up by 16.7 per cent YoY and representing about 22 per cent of the country's total trade.

Fibre2Fashion News Desk (DS)

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