Home > Flash

Xi'an ITL Park playing an active role in opening-up

(chinadaily.com.cn)

Updated: 2018-05-21

Xi'an ITL Park playing an active role in opening-up

A freight train departing from Xi'an sends cargo to European cities. [Photo provided to chinadaily.com.cn]

Logistics advancement adds vigor

On May 11, a freight train loaded with mung beans from Uzbekistan arrived in the grain import port of Xi'an. From Xi'an most of the mung beans will be transported to other parts of China.

At present, Xi'an port operates eight freight train lines linking Asia and Europe, as well as regular trains connecting with Qingdao port in East China's Shandong province.

A total of 310 China-Europe freight trains had departed from Xi'an port by May 10, a rate that ranks second in China. By March and April, the number of operating China-Europe freight trains had ranked first in the country.

The ITL Park has set a goal for 2018 -- the number of China-Europe and China-Asia freight trains departing from the port is to reach 1,000. It also encourages influential logistics companies to increase the frequency of services and develop the park into a logistics hub.

As a typical form of mobile economy, e-commerce brings benefits to the cross-border e-commerce businessmen in the ITL Park.

Yuan Zhaohui is one of them. He began to act as a purchasing agent on social media in 2015 and after three years has opened two stores selling Chinese goods in Kazakhstan and three warehouses in Russia.

Thanks to the Chang'an freight trains, the trade volume of Yuan's cross-border e-commerce business exceeded $9 million in 2017.

About 30 percent of the cargoes on the fully loaded trains departing China bound for overseas destinations are local products from Shaanxi, while the rest come from its neighboring areas and coastal regions in China.

The goods cover 206 varieties in six categories, including industrial raw materials, machinery and equipment, building materials, industrial spare parts, food and light industrial products.

The ITL Park's function as a commodity distribution center offers abundant and various sources of supply, said Yuan, adding that the latest goods from Guangdong, Zhejiang and Fujian provinces can be sold through cross-border e-commerce networks without delay.

The park was approved to operate cross-border e-commerce business in March 2014. By 2017, it had completed 10 million cross-border e-commerce transactions.

In 2017 alone it dealt with 5.16 million cross-border e-commerce orders, ranking first according to Customs statistics, said Huang Yuhui, deputy director of ITL's administrative committee.

Through innovative regulatory modes, the largest daily customs clearances can reach 110,000, Huang noted.

ITL is home to a group of e-commerce and supporting companies, including headquarters or branches of China's top 10 e-commerce giants. The number of e-commerce firms is 60 percent of the province's total, and the number of financial leasing enterprises is 70 percent.

In order to promote the rapid flow of logistics, capital and information, the park has built more than ten kinds of commodity trading platforms for various industries such as black metals, non-ferrous metals, energy and chemicals, grain, meat, timber and fast-moving consumer goods.

ITL Park boosts hub, portal and mobile economies

2018-05-16

Xi'an, capital of Shaanxi province in Northwest China played host to the Third Silk Road International Exposition and Development Forum on Hub Economy, Portal Economy and Mobile Economy on May 11.

Shaanxi: Building new cultural bridges on Belt and Road

2018-05-15

As the starting point of the ancient Silk Road and an active participant in the Belt and Road Initiative, Shaanxi province has launched a series of projects boosting local culture and tourism industry.

Copyright 2011 China Daily All Rights Reserved
Official Website of Xi'an international Trade and Logistic Park
Sponsored by Xi'an international Trade and Logistic Park
Constructed by China Daily