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In the first five months of 2020, the total value of mutual trade between the EU and China carried out by railway transport, increased by 21.22% year-on-year (47.42% more in May than in January 2020) . This development allowed rail transport to increase its share in the total trade volume from 2.83% in January-May 2019 to 3.47% in January-May 2020.
China’s railway investment in the first quarter hit its highest level since 2013 amid government efforts to boost the economy and expand infrastructure in Western border regions that are of ever-increasing security and economic importance.