Beijing - Eight western Chinese provinces and regions signed a framework agreement Monday in southwest China’s Chongqing to cooperate in building a new international land-sea trade corridor writes Xinhua news agency.
The eight provincial regions include Chongqing Municipality, provinces of Guizhou, Gansu, Qinghai and Yunnan, south China’s Guangxi Zhuang Autonomous Region, northwest China’s Xinjiang Uygur Autonomous Region and northwest China’s Ningxia Hui Autonomous Region, local authorities said.
The New International Land-Sea Trade Corridor is an international trade and logistics passage jointly built by western Chinese provinces and ASEAN countries under the framework of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity.
With Chongqing as the transportation hub, the New International Land-Sea Trade Corridor uses ports in Guangxi’s Beibu Gulf to reach ports in Singapore and other ASEAN countries and links China-Europe freight trains launched from many western Chinese cities before heading for Central Asia, South Asia and Europe. Taking advantage of various transport options including railways, highways and water and air routes, the land-sea corridor enables transportation from western China to more regions across the world.