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China's cross-border rail freight transport sees sound growth Jan-Nov

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China's cross-border rail freight transport sees sound growth Jan-Nov

2024-12-23 22:07 Last Updated At:12-24 01:27

⁠⁠⁠⁠⁠⁠⁠China's cross-border rail freight transport maintained stable and smooth operations in the first 11 months of the year, with both volume and efficiency lifted, according to data released by China Railway on Monday.

This year, the cities of Chongqing, Yiwu, Wuhan and Guangzhou have joined Xi'an and Chengdu cities to provide fully timetabled China-Europe freight train services that represent high-quality cross-border transportation.

A total of 17,918 China-Europe freight trains transported 1.919 million TEUs of goods from January to November, up 11 percent and 10 percent year on year, respectively, in terms of trains involved and TEUs sent.

The cities of Jinan and Qingdao in east China's Shandong Province handled a record 1,572 China-Europe freight train trips in the first 11 months.

In the period, a total of 4,046 freight trains passed through the Erenhot port in north China's Inner Mongolia Autonomous Region, a year-on-year increase of 32.5 percent.

"Now, the number of China-Europe freight train routes at the Erenhot port has increased to 71, which connect the port with 64 Chinese cities and more than 140 cities and stations in 12 countries. The proportion of high value-added products such as cars, machinery, cellphones and computers has exceeded 40 percent," said Cao Junpei, deputy director of the Port Management Office of the Commerce Department, Inner Mongolia Autonomous Region.

More than 17.5 million tons of goods, including 4.34 million tons of goods for cross-border trade, were transported along the China-Laos Railway in the first 11 months, up 10 percent and 17.7 percent year on year, respectively.

In the period, the total value of fruits exported via the rail route surged by more than 51 times year on year to 158 million yuan (about 21.65 million U.S. dollars), and the figure of imported fruits rose by 79.3 percent year on year to 3.81 billion yuan (about 522 million U.S. dollars), data showed.

China's cross-border rail freight transport sees sound growth Jan-Nov

China's cross-border rail freight transport sees sound growth Jan-Nov

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New energy represents over 80 pct of China's new installed power generation capacity

2024-12-23 22:53 Last Updated At:23:07

China is continuing to accelerate its green energy transition while meeting the considerable power demand, with renewable energy representing over 80 percent of the country's new installed power generation capacity.

The latest data showed that China's newly installed capacity for new energy power generation reached 258 million kilowatts from January to November, accounting for 81.5 percent of the total newly installed power generation capacity.

Experts say the renewable energy expansion can be partly attributed to China's efforts to accelerate the construction of new energy bases in its western areas to promote the distribution of new energy production in the more populous central and eastern parts of the country.

"For the next step, China's new energy power generation will be both centralized and distributed. It will also be land-based and sea-based. The generated power will be transmitted to other regions and consumed locally. We will continue promoting the construction of the wind and solar power generation bases in the sandy areas, rocky areas and deserts in the shelterbelt program in the northeast, north, and northwest regions of China. We will push forward the development of the water, wind, and solar power generation bases in southwestern China and the offshore wind power generation bases in eastern China. We will work to strengthen coordination in an effort to comprehensively diversify the supply of new energy," said Rao Jianye, director of the Clean Energy Research Institute under the China Electric Power Planning and Engineering Institute.

China is also improving its new power system, keeping enhancing the system's capability for receiving and distributing new energy so as to support the country's energy transition.

As China races to construct more new energy storage projects like photothermal energy storage projects and compressed-air energy storage projects, so far, the country's new energy storage has a capacity of over 60 million kilowatts, marking a significant achievement in maintaining the stable operation of the country's power system.

By the end of July, China's total installed capacity of wind and solar power had exceeded 1.2 billion kilowatts, more than doubling the 2020 level and achieving the 2030 target six years ahead of schedule.

New energy represents over 80 pct of China's new installed power generation capacity

New energy represents over 80 pct of China's new installed power generation capacity

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