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Block train service to Russia on fast trackDB Schenker, the international transport and logistics arm of Germany's national railway, plans to offer regular block train services between China and Russia, as well as China and Central Asia, over the next two years. |
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DB Schenker in China |
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With shorter transport times and lower costs for freight, international rail lines linking central and western China with Central Asia have helped to improve connectivity and trade between the regions. Starting in Chongqing, the Chongqing-Xinjiang-Europe International Railway passes through Xi'an, Lanzhou, Urumqi and the Alataw Pass, where it enters Kazakhstan, before continuing through Russia, Belarus and Poland, finally ending in Duisburg, Germany. Stretching 11,179 kilometers, it takes just 16 days on average to transport goods from China to Europe by rail, 20 days fewer than by sea from China's eastern ports, making rail ideal for goods with a shorter shelf life. Read more>>> |
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The new silk road |
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Growing trade between China and Europe |
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Geared to goChina and Europe will take significant steps to bolster bilateral ties during Premier Li Keqiang's visit China's commitment to peaceful global development will be the main focus of talks Premier Li Keqiang will have with European leaders during his first trip to the continent since taking office. Though bilateral relations between China and the European Union have more or less been on a strong footing, trade disputes have recently marred prospects for smooth relations. Though Brussels' latest salvo of planned punitive action against Chinese solar panel exporters does pose short-term problems, observers suggest Li may choose to focus more on the biggest picture of strengthening bilateral ties. During his four-day visit to Switzerland and Germany, he is likely to use "clear language" to promote smooth trade flows and prevent escalation of trade disputes between China and the EU, they say. Read more>> |
 Chinese investment in Germany will maintain its robust momentum in the near future while auto parts manufacturing is likely to become an emerging sector under more mergers and acquisitions from Chinese enterprises chasing advanced technology, analysts said on Monday.
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 Chinese investment in Europe has grown rapidly, but for China to become a successful and mature investor in the continent requires more time, a senior trade official said on Thursday. |
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