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Thai seafood enters Chinese market via China-Laos Railway

China

China

China

Thai seafood enters Chinese market via China-Laos Railway

2025-01-04 20:40 Last Updated At:21:07

A train carrying 24 tons of frozen cooked shrimp from Songkhla Province of Thailand arrived in southwest China's Kunming City on Friday, marking the beginning of frozen aquatic product transportation via the Lancang-Mekong Express service of the China-Laos Railway.

The pilot project represents another important expansion of the categories of cross-border goods transported via the China-Laos Railway.

The shrimp will undergo strict quality and safety inspections at a local cold-chain logistics center before being sold as Spring Festival offerings to consumers nationwide.

According to Liu Qiang, general manager of the international freight train subsidiary of the Yunnan Energy Investment Company, the shipment of shrimp also utilized road freight as part of its transportation journey.

"Compared with traditional sea and road transport, this innovative road-rail intermodal transport can save about 14 days, effectively reducing transportation costs and improving logistics efficiency," Liu said.

Since the full operation of the China-Laos Railway on Dec 3, 2021, the total cargo throughput of the railway has exceeded 50 million tons, including 11.58 million tons of cross-border goods.

The Spring Festival, the most important traditional festival in China, will fall on Jan 29 in 2025.

Thai seafood enters Chinese market via China-Laos Railway

Thai seafood enters Chinese market via China-Laos Railway

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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