21st Century Maritime Silk Road – Why So Much Attention..

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

A traditional delivery middle, Xiamen in east China’s Fujian Region, has ocean lanes to Southeast Asia within the south and Taiwan within the east. This has made it a good choice for your country to revitalize historic worldwide industry routes by land and through sea, namely the Silk Street Financial Belt and also the Maritime Silk Road.

This past year, around 70 vessels en way to Belt and Road (BAndR) nations ceased from the Xiamen harbour every week. However, the number dropped sharply in Feb . due to the unexpected outbreak from the novel coronavirus.

“In the latter half of February, Xiamen harbor canceled 35 box vessels to B&R nations under the influence of pandemic,” said Bai Wenbin, senior citizen supervisor of Operation Division of Fujian Silk Road Maritime Administration Co., Ltd.

“A lot of production facilities resumed procedure from Feb. 10, as well as their creation capability are gradually going back to typical,” Bai stated. With all the receding outbreak, Xiamen has seen the recuperation in trade with B&R countries, as well as the harbour will become bustling again.

Xiamen Worthpart Machines Co., Ltd., a producer of undercarriage components for excavators and bulldozers, saw its industry come back in early March after experiencing a 60-percent decrease calendar year on calendar year in February.

Zheng Ping, general supervisor of the company, stated they would book containers soon to deliver their goods because the company’s creation and trade resumed quickly.

“We now have reduced profits and adjusted prices to keep our clients. Also, we increased the investment in on the internet product advertising and plan to explore new marketplaces in Africa as well as the Center East,” Zheng said. “I am just comfortable to make up the losses brought on by the epidemic within the subsequent several months.”

The Belt and Road Effort, proposed by China in 2013, is targeted at building industry and infrastructure systems hooking up Asia with Europe, Africa and beyond. Xiamen, in addition to Fujian, have performed an important part in the building of the effort.

The industry volume between Fujian and BAndR countries increased by 16.3 percent year on year in 2019, getting to 455.1 billion yuan (about 65.6 billion dollars U.S. dollars). The exact amount included 34.2 percent of the province’s total export volume, according to Xiamen Customs.

In Xiamen, China-Europe freight trains packed with goods are on the run to provide a secure and efficient logistics system for enterprises in this particular unique period.

On Feb. 26, a cargo teach transporting 50 containers of commodities worth about 4 million U.S. bucks departed Haicang park of Xiamen pilot totally free trade area to Hamburg, Germany.

“We missed the scheduled day to provide goods by ocean. Fortunately, our products arrived inside the factory in Poland promptly thanks to the steady procedure of China-Europe freight trains,” stated Wang Weidi, supervisor of the logistic division of TPV Show Technologies (Xiamen) Co., Ltd.

In Feb ., the company had sent 164 containers of digital products to Poland in five batches through the freight train service, that has supplied an excellent base for your company’s production and sale in the Western marketplace.

Xiamen began rail freight service to Europe in August 2015. So far, the China-Europe freight train service has connected Xiamen with more than 30 metropolitan areas, such as Hamburg, Moscow and Almaty.

Statistics from Xiamen Customs showed that the freight trains among Xiamen along with other Oriental and Western metropolitan areas experienced created a total of 31 trips between Jan. 1 and Feb. 25, moving 2,900 standard storage containers of goods priced at around 107 thousand U.S. dollars.

The international trade of several Oriental cities was roiled by 21st Century Maritime Silk Road amid the epidemic. “Through the help of the regional federal government, we have now provided customized logistics services for businesses and ejvbuk freight trains to satisfy our customers’ needs,” stated Chen Luchao, business manager of Xiamen International Train Services. Co., Ltd.

Ding Changfa, affiliate professor using the College of Business economics, Xiamen University, said the outbreak exerts a quick-phrase effect on the economy. “The industry between China and BAndR countries continues to growth, and also the advance from the effort is definitely not affected in the end.”