China and Pakistan have launched a direct rail and sea freight service, with the first cargo train departing from Yunnan, a central province in south-west China, the official Xinhua news agency reported.
Its a good news for the importers of Chinese goods in Pakistan especially, as now it will become easier and cost effective for the importers to acquire commodities and goods from China, It will also help the ordinary Pakistani because prices will be lowered.
The cargo train loaded with 500 tonnes of commodities left Kunming, the capital of Yunnan, for Karachi, marking the opening of the new route.
— China Xinhua News (@XHNews) December 1, 2016
The freight line will cut transport cost by over 50 percent compared with past services.
“The commodities will first arrive in Guangzhou and will be shipped to Pakistan,” said Wu Jianlie of New Silk Route Yunnan Ltd.
“This is part of Maritime Silk Route initiative. It helps the local firm increase their exports to the world,” WU said.
The new rail-sea freight service will cut logistics cost by over 50 per cent compared to past services.
What we import from China? Almost everything from shoes, clothing to mobile gadgets and electronics.
Li Xiaoyu of NT New Technologies Ltd said that the central Yunnan province was inconvenient to logistics.
“This Kunming and karachi route initiative has helped reduced costs by a significant margin which can help firms transport well to a large market effectively and efficiently. It will open a window to know Yunnan province,” he said.
The service is part of the Maritime Silk Route Initiative which connects the western part of China. The China-Pakistan Economic Corridor (CPEC) is an extension of the project.
The route helps locals businesses connect with the world market.
The CPEC is a 3,000-kilometre network of roads, railways and pipelines to transport oil and gas from Gwadar Port to Kashgar city, northwestern China’s Xinjiang Uygur autonomous region.
Proposed by Chinese Premier Li Keqiang during his visit to Pakistan in May 2013, the CPEC will act as a bridge for the new Maritime Silk Route that envisages linking three billion people in Asia, Africa and Europe.
An official agreement on the corridor was signed between the two countries in May this year during President Xi Jinping’s historic visit to Pakistan.
We hope so that government of Pakistan will play sensibly and get humanly possible results from this opportunity of the centuries.