Russian Railways and Chongqing ready to expand freight network from China to Europe
Oleg Belozerov, the CEO and Chairman of the Board of Russian Railways, and Tang
Lianzhi, the Chairman of the People’s Government of Chongqing in the People’s
Republic of China, have discussed cooperation in the rail sector.
During the meeting, Oleg Belozerov and Tang Lianzhi noted the steady growth of
rail freight traffic between Russia and China. The volume of containerised transit
freight shows especially rapid growth, recording an increase of 80% in 2017.
The head of Russian Railways stressed the Company’s interest in further increasing
the transit volumes.
“We are working to further raise the efficiency of transit transport, including
by removing bureaucratic barriers and introducing electronic technologies,”
said Oleg Belozerov.
Among prospective projects, the two parties are ready to consider establishing
a regular container train along the route Chongqing – Zabaikalsk – Russian
cities, which will increase traffic and increase trade between China and Russia.
In addition, the RZD holding and Chinese partners will explore the possibility
of creating a joint distribution centre in Russia for a more efficient processing
of the increasing freight volumes, including electronic items.
According to the parties, improving the competitiveness of rail transport will
also help improve the process of passing through customs procedures.