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Chongqing-Xinjiang-Europe Railway

Yu'Xin'Ou Railway (渝新欧) is a freight rail route linking the southwestern Chinese city of Chongqing with Duisburg, Germany. It passes through the Alataw Pass into Kazakhstan, and moves through Russia, Belarus and Poland before arriving in Duisburg.[1] The railway is part of a growing rail network connecting China and Europe along the New Silk Road.[2][3][4][5]

Contents

BackgroundEdit

According to the European Commission, as of March 2014, the EU is China's biggest trading partner.[6] Rail transport is becoming increasingly important for trade between Europe and China as the latter promotes industrial hubs in cities further inland in its territory.[1]

Route in ChinaEdit

The name 渝新欧 is an acronym, consisting of Yu 渝 (Chongqing), Xin 新 (Xinjiang), Ou 欧 Europe.

  • Chongqing
  • Chengdu
  • Xian
  • Lanzhou
  • Ürümqi

OperatorsEdit

The Yuxinou train is operated by Trans Eurasia Logistics, a joint venture between Deutsche Bahn and Russian Railways.[1]

Customers and UsageEdit

Most goods transported via this route are from multinational IT companies in Chongqing. One of these is technological giant Foxconn who supplies Hewlett-Packard, Acer Inc. and Apple Inc..[1][2][4]

StatisticsEdit

The 11,179 km route takes 13[4] to 16[1] days to reach Duisburg from Chongqing, compared to the 36-day container ship transport time as well as being safer and less expensive, according to Chongqing authorities.[1]

From January to November, 2012, a total of 40 freight trains ran on the Yuxinou Railway, transporting 1747 containers with 21,000 tons cargo, and worth of 1.15 billion USD. The freight included 3.062 million laptops and 564,000 liquid crystal display screens.[7]

In 2012, the train, "roughly eight football fields [800 yards or meters] long", ran weekly. In early 2014 it runs three times weekly and, "to accommodate a sevenfold increase volume since 2012 -- soon will go daily". An article by the investor news website 'Seeking Alpha' predicted that by 2020 trade from China to Germany could surpass that from the Netherlands and France, Germany's top two trading partners in 2014.[8]

See alsoEdit

ReferencesEdit

  1. ^ a b c d e f "Germany Plans to Expand Chinese Rail Link as Xi Visits Duisburg". BloombergBusinessweek. 2014-03-28. Retrieved 2014-03-29. 
  2. ^ a b "A Silk Road for the 21st century: Freight rail linking China and Germany officially begins operations". Shangaiist.com. 2011-07-04. Retrieved 2014-03-29. 
  3. ^ "Yuxinou Railway: The New Silk Road?". Open To Export posted by UK Trade & Investment. 2013-06-06. Retrieved 2014-03-29. 
  4. ^ a b c "Rail linking Europe to open up China's West". ChinaDaily. 2011-07-02. Retrieved 2014-03-29. 
  5. ^ "Hauling New Treasure Along the Silk Road". NYT. 2013-07-20. Retrieved 2014-03-29. 
  6. ^ "EU-China trade". March 2014. Retrieved 2014-03-29. 
  7. ^ "Yuxinou Railway runs well, transporting 21,000 tons annually". CQNEWS. 2012-12-15. Retrieved 2014-03-29. 
  8. ^ Leeb, Dr. Stephen, "Ukraine, Russia, Germany And The Real Threat Facing The U.S.", SeekingAlpha, April 8, 2014. Retrieved 2014-04-08.

External linksEdit