One belt one road: cargo train benefits local businesses

Global Business

Northwest China’s Shaanxi Province was once the very starting point of the ancient Silk Road. It played crucial roles in connecting trade relations between China and the rest of the world.

China has planned to revive the significant silk road, which has been part of the Belt and Road Initiative.

CCTV’s Liu Yang filed this report in China’s Shaanxi Province.

One belt one road: cargo train benefits local businesses

Northwest China's Shaanxi Province was once the very starting point of the ancient Silk Road. It played crucial roles in connecting trade relations between China and the rest of the world.

More details:

  • In a few weeks, trucks will be assembled and shipped to the countries in Central Asia. For more than a decade, one of China’s largest heavy duty truck producers, Shaanxi Heavy Duty Automobile Group, has been exporting around 4,000 trucks to Uzbekistan, Tajikistan and Kyrgyzstan each year. With the launch of Chang’an Central Asia Cargo train, the company says the train has significantly shortened shipping time from a month to just 6 days.
  • Experts say 30 percent of the products on the cargo are from Shaanxi province, while the rest from the coastal and north China. Shipments of petroleum machinery and heavy duty trucks have an annual trade volume of 98 million U-S dollars.