China invests 200 mln yuan to improve China-Europe rail networkChristian Fernsby ▼ | July 6, 2020
China's top economic planner has allocated 200 million yuan (about 28.3 million U.S. dollars) from the central budget to support the construction of transportation hubs in five cities to improve China-Europe rail freight services.
Network China Europe postal train
Topics: China Europe
The commission said it will step up coordination to guide local authorities in the construction of transportation centers and offer strong support for the joint building of the Belt and Road.
The China-Europe rail transport service was initiated in 2011 and is considered a significant part of the Belt and Road Initiative to boost trade between China and countries participating in the initiative. Amid the coronavirus pandemic, the service remained a reliable transportation channel. ■