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International land port in north China's Hebei boosts foreign trade with cross-border freight train service

China

China

China

International land port in north China's Hebei boosts foreign trade with cross-border freight train service

2025-05-07 20:34 Last Updated At:21:17

As the largest inland port and a key hub for the cross-border China-Europe freight train transport service in north China's Beijing-Tianjin-Hebei region, the Shijiazhuang International Land Port in Shijiazhuang, capital of Hebei Province, boosts foreign trade by leveraging the convenient logistics channels available in the city and optimizing rail efficiency.

BigBuy, a Spanish cross-border e-commerce platform, established its China operation headquarters in Shijiazhuang in March this year, attracted by the availability of convenient logistics channels in this city.

"Over 80 percent of the goods on our platform are from China. We highly value the services of the Shijiazhuang International Land Port, as it serves as a crucial gateway for our Chinese goods to reach Europe," said Sun Xiaobo, Chief Operating Officer of BigBuy's China operation headquarters.

The Shijiazhuang International Land Port has achieved regular operations for China-Europe freight train transport service, with 18 routes linking eight border ports and reaching over 50 other countries and regions across Eurasia.

In the first quarter of this year, the land port handled a total of 302 trips with the shipment of 32,122 20-foot equivalent units (TEUs), marking a 239 percent and 230 percent year-on-year increase, respectively.

"Next, we will accelerate the construction of the Shijiazhuang China-Europe Express Railway Assembly Center, expand China-Europe freight train services, actively develop intermodal transport, establish new international routes, and continuously improve port functions and basic supporting facilities. These efforts aim to better serve the export of products from characteristic industrial clusters at the provincial and municipal levels, reduce logistics costs for customers, and drive the development of the region's outward-oriented economy," said Han Yingzhao, deputy general manager of the Hebei Land Port Group.

International land port in north China's Hebei boosts foreign trade with cross-border freight train service

International land port in north China's Hebei boosts foreign trade with cross-border freight train service

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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