The
82-wagon cargo train is expected to take 21 days to travel 6,200 miles, passing
through six countries between China and Spain.
RT.com reports:
Dubbed Yixinou, the train left Yiwu, an
industrial center less than 200 miles south of Shanghai, on Tuesday and is
expected to reach Madrid in December after traversing Kazakhstan, Russia,
Belarus, Poland, Germany, and France, reports the Local.se.
The
newly operational route is 450 miles longer than the famous Moscow-Vladivostok
connection. However, unlike the Russian line, goods on the Yixinou will have to
be transferred to different wagons at three points during the trip because of
incompatible track gauges in different countries.
China
was eager to connect Yiwu, the world’s largest wholesale market for small
consumer goods to Europe by railway. According to the European Commission,
China is the EU’s biggest source of imports. The two entities currently trade
over a billion dollars a day.
China’s
state press agency noted that the new route “would
reduce dependence on sea and air cargo transport.” Businesses in
Yiwu also welcomed the new line, saying it was faster than sea transport, and
much cheaper than air.
Test
operations for the route, which began at the start of this year, left Yiwu and
terminated in Central Asia, reportedly brought an additional US$39 million boost
to the coastal region’s export value.
China’s
President, Xi Jinping, was optimistic about the future of China-Europe train
connections when meeting Spanish Prime Minister Mariano Rajov in Beijing
earlier this fall.
”China
looks forward to the West's proactive participation in building and operating
the Yiwu-Madrid line that would help boost the level of cooperation between
China and Spain," he said.
Others,
however, are concerned about the potential operational costs of railway
freight, with some calling for government subsidy. Currently, operational
costs of the Yiwu-Madrid line are about 20 percent higher than the cost of
using sea transport.
Huang
Qifan, the mayor of Chongqing, a major industrial center in south west China
which serves as the starting point of the Chongqing-Duisburg line, part of the
expanding “New Silk Road,”
believes there will be no profit unless the price of cargo per kilometer drops.
"If
the cost remains high, the government should subsidize,"
Huang was quoted as saying in the Want China Times, a Taiwan based news
website.
Meanwhile, authorities
maintain that costs will fall as both export and import values increase.
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