Guangxi turns into an efficient international commerce portal

The Guangxi Zhuang Autonomous Area, a key crossroads offering western China with full entry to international markets, will assist develop the Belt and Highway Initiative and assist China’s opening up throughout the 14th Plan interval. five-year (2021-25), mentioned Lan Tianli, president of the area and deputy within the Nationwide Individuals’s Congress.

Earlier this month, 40 containers of pulp for papermaking left Brazil by ship, sure for the port of Qinzhou in Guangxi. The dough then arrived in Chongqing by practice, which solely took two days.

This new rail-sea freight route is called the New Land-Sea Worldwide Commerce Hall.

Up to now, cargo from Brazil was delivered to Shanghai. However the journey from Shanghai to Chongqing would take about three weeks to sail up the Yangtze River, in accordance with Chen Feng, normal supervisor of the advertising and marketing middle of COSCO Transport Specialised Carriers Co, which handles pulp logistics.

The land-sea hall was launched in 2017 by the western areas of China and member states of the Affiliation of Southeast Asian Nations.

“Guangxi borders ASEAN member nations on land and sea, and it has a novel benefit of opening up by connecting 11 nations and boosting commerce,” Lan mentioned. “In the course of the interval of the 14th 5-Yr Plan, Guangxi will speed up the event of the hall, with the intention of creating it the chain providing the shortest journey time, the perfect service and the most cost effective worth between China and ASEAN. ”

By means of using the land-sea hall, extra inland cities have benefited from stronger connectivity between China and ASEAN, Lan mentioned. The hall has grown because it gives quicker, cheaper and extra handy intermodal freight transport that offers western China straightforward two-way entry to the world, attracting extra nations as buying and selling companions .

In 2020, the variety of practice journeys to or from Beibu Gulf ports in Guangxi reached 4,607, up 105% year-on-year about 25 occasions greater than in 2017 – in accordance with regional authorities.

The container throughput of Gulf ports has grown dramatically, rising 32%, the best of any main coastal port in China, to five.05 million twenty-foot equal items, an ordinary measurement for containers of ‘transport.

Gulf ports collectively signify the second largest port operation in southern China after the port of Guangzhou, and now provide sea routes to all main ports of ASEAN members and greater than 200 ports in 100 nations and areas. .

Lan mentioned that primarily based on the present progress, Guangxi will modernize the infrastructure and customs clearance course of at ports, and extra railways can be constructed to develop the logistics capability of the hall.

“Guangxi is ready to play an even bigger position in strengthening the BRI, and we are going to keep on with a improvement technique targeted on opening as much as the world,” he mentioned.

The Beibu Gulf, a global rail-sea portal, has led to deeper cooperation between two main units of commerce zones: southwest, northwest and south-central China on one facet and the ASEAN member states and BIS nations on the opposite.

In the course of the interval of the 14th 5-Yr Plan, Guangxi will proceed to construct the brand new worldwide land-sea commerce hall, modernize all platforms associated to opening up, higher serve the BRI with an emphasis on ASEAN and to supply a brand new progress engine for the event of China’s western areas, he mentioned.

Because the closest area in China to ASEAN members, Guangxi has been a significant associate for the group’s 10 member states. This contains providing preferential insurance policies involving China-ASEAN cooperation and constructing industrial zones to spice up commerce.

For instance, the China (Guangxi) Pilot Free Commerce Zone, launched in 2019, attracted round 19,000 home and overseas firms, and its overseas commerce reached 158 billion yuan (24.2 billion yuan). {dollars}) final 12 months.

The zone plans so as to add different main firms in high-end manufacturing, trendy companies and cross-border cooperation, the native authorities mentioned.
Supply: China Each day