Full Steam Ahead on the China-Europe Express Route

Wherever you are right now, there is a high probability something around you was imported from China. You might be using some electronics, in a shopping mall, or driving your car (hopefully not whilst reading this) but no matter what, there is a very big chance you are close to something made from there. This isn’t a new phenomenon of course. China is the number one exporting country in the world, exporting more than $2,157,000 million worth of goods in 2017 alone. Yet how these goods are being transported to European shopping malls, supermarkets and homes, is new. Last month, the China-Europe Express, sometimes referred to as the China-Europe Freight Train, reached a significant milestone, when it clocked its 10,000th journey from Wuhan, in central China, to Europe. Previously, goods from China had always arrived into Europe in the back of a freight plane or stowed in the bow of a ship. The reason for this was simple, air freight was significantly quicker than train and ship freight was a lot cheaper. Yet now, more and more trade between China and Europe is being done along the Belt and Road (B&R) using freight trains, which is reducing costs and increasing delivery speed. From Yilin to London, Xi’an to Hamburg Since 2013 B&R has been connecting China with the rest of […]

Sep 26, 2018

Fostering Entrepreneurial Spirit – What does it mean?

Since the reform and opening up, generations of China’s best entrepreneurs have flourished in both internal and external markets through fierce competition, and have made a great contribution to China’s economic and social development. The fostering of entrepreneurial spirit will encourage the entrepreneurs to make even greater contributions and will also bring greater individual vitality.

Sep 30, 2017