China's small commodity hub plans to double cargo trains to Europe in 2020

13.01.2020

Yiwu plans to send 1000 cargo trains to Europe in 2020.

The eastern Chinese city of Yiwu, home to the world’s leading small commodities market, plans to send 1,000 cargo trains to Europe in 2020, almost doubling the number in 2019, according to the local government.

The China-Europe train service has developed rapidly in Yiwu since it was first launched in the city in 2014. In 2019, 528 cargo trains were sent, a 65 percent increase compared with the previous year.

The service now has 11 routes linking Yiwu with 37 countries and regions across Eurasia.

Yiwu has seen booming trade with countries along the Belt and Road, with exports expected to increase by 11 percent in 2019.

Analytics on topic
Report
28.02.2025
Report
28.02.2025
Rail container transportation in the Eurasian space in 2024

The continuing upward trend in the volume of transit freight transported along the China-Europe-China route reflects the recovery of traffic and the return of shippers to continental routes.

Article
30.10.2024
The Future of the Belt and Road in Europe

How China’s Connectivity Project is Being Reconfigured across the Old Continent — and What It Means for the Euro-Atlantic Alliance