China's rail-freight volume refreshes single-month record in May

09.06.2022

China’s rail-cargo volume, a key indicator of economic activity, rose 6.6 percent year on year to a record high in May, as the country further smooths logistics to underpin the economy amid COVID-19 control, according to data issued by the China State Railway Group Co., Ltd. on Wednesday.

A total of 340 million tonnes of cargo was transported on China’s railways in the period, 21.1 million tonnes more than that in the same period last year, according to the company.

Among the cargo was 5.02 million tonnes of grain and fertilizers, a 28.2-percent increase year on year, the data shows.

The country also ferried 110 million tonnes of coal used for power generation via railways last month, up 7 percent year on year, ensuring coal storage in 363 power supply plants for 33.4 days.

Last month, China-Europe freight trains handled 129,500 twenty-foot equivalent unit containers, with the average daily volume climbing 13.3 percent from April. The China-Laos Railway saw 138,200 tonnes of goods transferred for cross-border trade, up 4.3 percent from a month ago

Analytics on topic
Report
26.10.2023
Report
26.10.2023
Rail Container Transportation in the First Half of 2023

The Eurasian railway route is undergoing a fundamental transformation associated with the replacement of lost transit volumes with cargo moving via the China-EAEU-China route. The reorientation of Russia’s trade and economic relations towards the East provides opportunities for the development of the route in this direction.