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China's land port bordering Kazakhstan sees doubling of vehicles entering, exiting

China

China

China

China's land port bordering Kazakhstan sees doubling of vehicles entering, exiting

2024-10-13 22:03 Last Updated At:23:27

The number of the vehicles entering and exiting China's Horgos Port bordering Kazakhstan surpassed 400,000 this year by Saturday, marking about 118-percent increase compared with the same period last year, according to local border inspection station.

The port located in the northwestern Xinjiang Uygur Autonomous Region has held a significant status in China's trade with the central Asian countries and has been transporting a growing volume of freight in recent years.

Thousands of trucks pass through the port every day, sending wind power equipment, new energy passenger vehicles, engineering machinery, and perishable goods that must be shipped cold to countries like Kazakhstan and Uzbekistan.

As China's largest land port in terms of vehicle export, the Horgos Port exported over 75,000 commercial vehicles in the first half of this year, increasing about 80 percent year over year.

It also streamlined its customs clearance procedures for both exports and imports, cutting them by about half and two thirds, respectively.

China's land port bordering Kazakhstan sees doubling of vehicles entering, exiting

China's land port bordering Kazakhstan sees doubling of vehicles entering, exiting

China's development of green industries and the country's initiative of building a unified national market have made steady progress over the first three quarters of 2024, according to the data published by the State Taxation Administration on Sunday.

The tax data highlighted that the development of green industries has gathered pace in Jan-Sept, reflecting a resilient and diversified economic landscape.

Sales revenue in the ecological protection and environmental governance sectors surged by 11.4 percent, while the green technology services sector, including renewable energy and energy-saving solutions, witnessed a growth of approximately 20 percent. As China's broader strategy has continued emphasis on transition toward a more sustainable and innovative paradigm, sales in the clean energy sector, including solar, wind, and hydropower, maintained a rapid growth.

The transportation and logistics sector also registered faster growth, with sales revenue rising by 10 percent year on year. In particular, the growth in multimodal transport and freight forwarding services saw increases of 33.5 percent and 11.3 percent, respectively. The transportation sector in Sept alone experienced a 10.6 percent growth.

Moreover, interprovincial sales volume rose by 2.5 percent, outpacing the overall growth rate of national enterprise sales revenue by 1.1 percent, reflecting a steady progress in building a unified national market.

China on April 10, 2022 unveiled guidelines for accelerating the building of a unified national market, envisioning breaking local protection and market fragmentation and unblocking key sticking points that weigh on economic circulation, as part of a wide-ranging push for an effectively regulated, fairly competitive and fully open market across the country.

China’s green industries, unified national market initiative make steady progress: data

China’s green industries, unified national market initiative make steady progress: data

China’s green industries, unified national market initiative make steady progress: data

China’s green industries, unified national market initiative make steady progress: data

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