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China Laos News Trade Transportation

China-Laos Railway’s Freight Value Up 56%

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The China-Laos Railway has handled over 10 million tons of goods worth almost 41 billion yuan (US$5.76 billion) since its opening in December 2021, the Xinhua News Agency reports.

In the first eight months of 2024, the line’s total freight volume was up 22.8% year-on-year at 3.58 million tons, valued at 12.38 billion yuan, a rise of 56%.

The line now carries about 3,000 types of goods, including China-made mechanical and electrical items, agricultural products, natural rubber, and tropical fruits from Laos and Thailand.

The China-Laos Railway is speeding up cargo transportation, especially for goods from Laos and Thailand, Xu Liping, director of the Centre for Southeast Asian Studies at the Chinese Academy of Social Sciences, says.

The railway demonstrates the enhanced ties between China and ASEAN. Experts expect cooperation to deepen in emerging sectors following the upcoming China-ASEAN Expo in Nanning, from 24-28 September.

The original article was published HERE.

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