China-Europe freight trains see constant growth, show bright prospects of BRI
Source: Xinhua | 2022-04-02 | Editor:Irene
Travelling across the Eurasian continent, freight trains transporting goods between China and Europe have seen constant growth in recent years, showing bright prospects of the Belt and Road Initiative (BRI).
In 2021, the number of two-way freight train trips between China and Europe reached 15,000, carrying 1.46 million twenty-foot equivalent units (TEU), up 22 percent and 29 percent, respectively, year on year.
The booming freight train service is an epitome of sound economic and trade cooperation between China and Europe within the framework of BRI.
Economic and trade cooperation between the European Union (EU) and China has proved to be astoundingly resilient and vigorous despite the negative consequences of the pandemic.
In 2021, bilateral trade between China and the European Union (EU) was worth over 800 billion U.S. dollars, a new all-time high. Two-way investment exceeded 270 billion dollars.
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