21st Century Maritime Silk Road – Discover Innovative Insights..

After moving about 2,600 standard containers to and from the vessel, the box ship “Msc Trieste” departed Xiamen harbour Tuesday morning and continued its voyage over the ancient maritime silk way to countries such as Singapore and the United Arab Emirates.

A conventional delivery middle, Xiamen in east China’s Fujian Province, has ocean lanes to Southeast Asia inside the south and Taiwan inside the east. This has made it a good choice for the country to revitalize historic worldwide industry routes by property and by ocean, namely the Silk Street Economic Buckle and the Maritime Silk Road.

A year ago, around 70 vessels en path to Belt and Road (BAndR) nations ceased from the Xiamen harbour weekly. However, the amount fallen sharply in February because of the unpredicted outbreak from the innovative coronavirus.

“Inside the latter half of Feb ., Xiamen harbor canceled 35 container vessels to BAndR countries intoxicated by epidemic,” stated Bai Wenbin, senior citizen supervisor of Operation Department of Fujian Silk Street Maritime Administration Co., Ltd.

“A lot of production facilities resumed procedure from Feb. 10, as well as their production capacity are gradually going back to typical,” Bai said. With the receding outbreak, Xiamen has seen the recuperation in trade with B&R nations, as well as the harbour becomes bustling again.

Xiamen Worthpart Machinery Co., Ltd., a manufacturer of undercarriage components for excavators and bulldozers, saw its industry come back in early Mar right after experiencing a 60-percent drop calendar year on calendar year in February.

Zheng Ping, basic manager of the business, said they might book storage containers soon to offer their goods since the company’s production and industry resumed quickly.

“We have reduced earnings and adjusted costs to retain our customers. Also, we improved your time and money in on the internet product promotion and plan to explore new marketplaces in Africa and also the Center East,” Zheng said. “I am just confident to constitute the losses brought on by the epidemic in the following many months.”

The Belt and Road Initiative, proposed by China in 2013, is targeted at building industry and infrastructure systems hooking up Asia with Europe, Africa and past. Xiamen, as well as Fujian, have performed an important role in the building of the effort.

The trade volume among Fujian and B&R countries increased by 16.3 percent year on year in 2019, getting to 455.1 billion yuan (around 65.6 billion U.S. dollars). The exact amount taken into account 34.2 % of the province’s complete export quantity, based on Xiamen Customs.

In Xiamen, China-Europe freight trains packed with goods are on the go to supply a secure and effective logistics platform for businesses in this special time period.

On Feb. 26, a cargo train carrying 50 storage containers of commodities worth about 4 thousand U.S. dollars departed Haicang park of Xiamen pilot totally free trade zone to Hamburg, Germany.

“We skipped the scheduled day to provide goods by ocean. Luckily, our products arrived within the factory in Poland on time thanks to the steady procedure of China-Europe freight trains,” said Wang Weidi, manager of the logistic department of TPV Display Technology (Xiamen) Co., Ltd.

In February, the company had delivered 164 storage containers of digital items to Poland in 5 batches through the cargo teach service, which includes provided a good foundation for your company’s production and selling in the Western market.

Xiamen started rail cargo company to Europe in August 2015. Up to now, the China-Europe freight train services has connected Xiamen using more than 30 cities, such as Hamburg, Moscow and Almaty.

Data from Xiamen Customs indicated that the freight trains between Xiamen as well as other Oriental and European cities experienced produced a total of 31 outings between Jan. 1 and Feb. 25, transporting 2,900 regular storage containers of products worth around 107 thousand U.S. dollars.

The foreign trade of several Chinese metropolitan areas was roiled by 21st Century Maritime Silk Road amid the epidemic. “With the help of the regional federal government, we now have provided customized logistics services for enterprises and ejvbuk freight trains to satisfy our customers’ needs,” stated Chen Luchao, company supervisor of Xiamen International Train Services. Co., Ltd.

Ding Changfa, associate professor with the School of Business economics, Xiamen College, said the outbreak exerts a short-phrase influence on the economic climate. “The trade among China and BAndR nations continue to boom, and the progress in the initiative will never be affected in the end.”