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Ningxia-Hungarian Capital (Budapest) China-Europe International Freight Train Debuts


At 11:00 a.m. on May 26, 2022, a train full of 50 40-foot container cargoes departed from the railway line of Sinotrans Huazhong Co., Ltd. Ningxia Branch, and will exit through Alashankou, passing through Kazakhstan, Russia, and Belarus. , Poland and other places, and finally arrived in Budapest, Hungary, marking the zero breakthrough of point-to-point trains between Ningxia and inland Europe.


Under the unfavorable circumstances of high sea freight and blocked traditional land transportation channels, Ningxia made full use of the policy advantages of Yinchuan Comprehensive Bonded Zone and the advantages of stable operation of trains to create a new practice of the "Class Train + Comprehensive Bonded Zone" model.


The whole train is 8,500 kilometers long, and the running time is expected to be 21 days, which can save about 20 days compared with shipping by sea. Enterprises not only enjoy fast and efficient freight services, but also enjoy the dividends of fee reduction and tax reduction in the comprehensive insurance zone, which greatly shortens the delivery time of enterprises. Time, speed up the circulation of goods and the speed of payment collection, improve the efficiency of capital turnover, and effectively reduce operating costs.


With the strong support of Ningxia Department of Commerce, Port Office, Yinchuan Customs, Yinchuan Comprehensive Bonded Zone, and China Railway Lanzhou Bureau Group, Ningxia, on the basis of consolidating and stably operating the Ningxia-Central Asia train, "Ningxia-Europe (Budapest) China-Europe International The "Freight Train" trial train was opened by Sinotrans, becoming a further expansion and extension of the Ningxia westbound train. The launch of the train will help Ningxia seize the major opportunity of jointly building the "Belt and Road", accelerate the construction of a domestic and international dual-cycle economic pattern, and comprehensively improve the level of opening up both internally and externally. At the same time, it will continue to strengthen the research and exploration of train operating routes, continuously expand the coverage and brand influence of westbound trains, and help Ningxia develop an export-oriented economy.


Source of article/picture: China Daily


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