Port deal set to expand China-Germany trade chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
China-Europe freight trains put BRI on fast track to cooperation By ZHONG NAN | China Daily | Updated: 2021-05-10 09:09 Share CLOSE A crane loads containers onto a China-Europe freight train carrying automobiles, furniture and daily necessities before its departure from Tianjin on Feb 24. [Photo by Sun Lijun/For China Daily]
The freight train service between China and Europe will continue to show its competitive edge over maritime and air transportation, and further enrich the cooperative content of the Belt and Road Initiative this year, experts and business leaders said.
The latest data showed freight train trips between China and Europe soared 70 percent on a yearly basis to 3,345 rides in the first quarter of this year.
Better outlook buoys shipping shares
Boosted by China’s growing trade volume in the first quarter of this year and the world’s surging demand for shipping services, the stock index of China’s shipping-related businesses rose 7 percent on Wednesday, while the benchmark Shanghai Composite Index dropped 0.1 percent to close at 3479.63 points.
Share prices of shipping companies COSCO Shipping Holdings Co Ltd and COSCO Shipping Specialized Carriers Co Ltd hit the daily ceiling of 10 percent to 16.15 yuan ($2.47) and 4.28 yuan, respectively, in the A-share market, according to market tracker Wind Info.
China Merchants Energy Shipping Co Ltd and COSCO Shipping Energy Transportation Co Ltd rose by 8.17 percent to 5.56 yuan and 8.86 percent to 7 yuan, respectively.
Boosted by China s growing trade volume in the first quarter of this year and the world s surging demand for shipping services, the stock index of China s shipping-related businesses rose 7 percent on Wednesday, while the benchmark Shanghai Composite Index dropped 0.1 percent to close at 3479.63 points.
Share prices of shipping companies COSCO Shipping Holdings Co Ltd and COSCO Shipping Specialized Carriers Co Ltd hit the daily ceiling of 10 percent to 16.15 yuan ($2.47) and 4.28 yuan, respectively, in the A-share market, according to market tracker Wind Info.
China Merchants Energy Shipping Co Ltd and COSCO Shipping Energy Transportation Co Ltd rose by 8.17 percent to 5.56 yuan and 8.86 percent to 7 yuan, respectively.
Better outlook buoys shipping shares By ZHONG NAN | China Daily | Updated: 2021-04-08 07:59 Share CLOSE A COSCO container ship docks at Ningbo, Zhejiang province. [Photo by Yao Feng/For China Daily]
Boosted by China s growing trade volume in the first quarter of this year and the world s surging demand for shipping services, the stock index of China s shipping-related businesses rose 7 percent on Wednesday, while the benchmark Shanghai Composite Index dropped 0.1 percent to close at 3479.63 points.
Share prices of shipping companies COSCO Shipping Holdings Co Ltd and COSCO Shipping Specialized Carriers Co Ltd hit the daily ceiling of 10 percent to 16.15 yuan ($2.47) and 4.28 yuan, respectively, in the A-share market, according to market tracker Wind Info.