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China's first rail-air freight train to Europe arrives Urumqi for cargo transfer

China

China

China

China's first rail-air freight train to Europe arrives Urumqi for cargo transfer

2025-04-21 20:43 Last Updated At:21:37

China's first rail-air freight train to Europe arrived in Urumqi City, northwest China's Xinjiang Uygur Autonomous Region, on Monday for cargo transfer, after departing from Guangzhou International Port in the Greater Bay Area on Friday.

The inaugural train carried a range of e-commerce goods, including small appliances, daily chemicals, and apparel, completing a 66-hour journey to Sanping Railway Station in Urumqi. Upon arrival, the cargo was swiftly transferred to Urumqi Airport for airfreight to European destinations.

This innovative logistics model drastically reduces transit times, ensuring goods reach their final destination in under a week, two-thirds faster than traditional all-rail routes, which typically take 15 to 20 days.

"The launch of this train will offer import and export companies a more economical, efficient and flexible transportation option. Unlike road transport, it is unaffected by weather and other factors, improving transportation efficiency by over 15 percent. It is estimated that the logistics costs will be reduced by more than 10 million yuan (about 1.37 million U.S. dollars) each year," said Liu Yang, a logistic service official at Urumqi.

The train meets the urgent order requirements of import and export companies and provides a strong support for the stable supply of goods in cross-border e-commerce.

China's first rail-air freight train to Europe arrives Urumqi for cargo transfer

China's first rail-air freight train to Europe arrives Urumqi for cargo transfer

China's first rail-air freight train to Europe arrives Urumqi for cargo transfer

China's first rail-air freight train to Europe arrives Urumqi for cargo transfer

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 pips to 7.0108 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 7.0108 against USD Monday

Chinese yuan strengthens to 7.0108 against USD Monday

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