Shaanxi: Developing the China-Europe Railway Freight Economic Circle
20.01.2025
In 2025, Shaanxi Province will focus on creating an economic circle based on China-Europe international railway freight. This project will integrate logistics, trade, finance, and industry, marking an important step in promoting regional development and opening up to the global market.
In 2024, the China-Europe railway routes transported 524,000 TEUs, an increase of 21.9% compared to the previous year. The newly operational Kazakhstan terminal at Xi'an International Port significantly improved logistics efficiency with Central Asia. The province's total foreign trade grew by 12.3%, with trade with Central Asia soaring by 48.1%.
In 2025, Shaanxi plans to further enhance the quality and efficiency of its free trade zones, develop comprehensive bonded areas, and strengthen international cooperation platforms. Efforts will also focus on expanding markets in Central Asia, West Asia, and Russia, while advancing digital trade, service trade, and overseas warehouse construction.
Additionally, the province will work to implement the outcomes of the China-Central Asia Summit and host major international events, such as the Eurasian Economic Forum and the Forum on International Cooperation for China-Europe Freight Trains. These initiatives will solidify Shaanxi's role as a key logistics and trade hub in the region.