{"id":18713,"date":"2023-05-19T11:06:00","date_gmt":"2023-05-19T11:06:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4105723_AE05723_0"},"modified":"2023-05-19T11:06:00","modified_gmt":"2023-05-19T11:06:00","slug":"xinhua-silk-road-new-international-land-sea-trade-corridor-yields-fruitful-results-in-2022","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=18713","title":{"rendered":"Xinhua Silk Road: New International Land-Sea Trade Corridor yields fruitful results in 2022"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">CHONGQING, China<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">May 19, 2023<\/span><\/span> \/PRNewswire\/ &#8212;&nbsp;The New International Land-Sea Trade Corridor, a trade and logistics passage jointly built by provincial-level regions in western <span class=\"xn-location\">China<\/span> and ASEAN members, yielded fruitful results in 2022, said an index report revealed at the opening ceremony of the fifth Western China International Fair for Investment and Trade, which kicked off on Thursday in southwest <span class=\"xn-location\">China&#8217;s<\/span> Chongqing Municipality.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder9064\" readability=\"9\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2081236\/IMAGE.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2081236\/IMAGE.jpg?p=medium600\" title=\"Photo taken on May 18, 2023 shows the release of the 2022 Development Index of the New International Land-Sea Trade Corridor.\" alt=\"Photo taken on May 18, 2023 shows the release of the 2022 Development Index of the New International Land-Sea Trade Corridor.\"><\/a><br \/><span>Photo taken on May 18, 2023 shows the release of the 2022 Development Index of the New International Land-Sea Trade Corridor.<\/span><\/p>\n<\/p><\/div>\n<p>According to the report, the Development Index of the New International Land-Sea Trade Corridor stood at 135.2 points in 2022, up 10.3 percent and 32.5 percent compared to that of 2021 and that of 2020, respectively, implying that the corridor saw sound strategy implementation and an increasing operational efficiency.<\/p>\n<p>The index monitors changes and impacts in corridor infrastructure construction, industrial agglomeration and upgrading, foreign trade, logistics, and industrial competitiveness.<\/p>\n<p>With 2019 as a base period, it contains three major sub-indexes of development scale, development quality and competitiveness,&nbsp;to show a full picture of the development of the New International Land-Sea Trade Corridor, according to <span class=\"xn-person\">Liu Wei<\/span>, director of the Coordination Center for Logistics and Operation of the New International Land-Sea Trade Corridor.<\/p>\n<p>The sub-index of development scale of 2022 surged 17.6 points to 156.8 points, while the sub-index of development quality dipped 1.9 points to 111.3 points, indicating that the corridor construction and logistics have run well and the trade structure of regions along the corridor has been optimized.<\/p>\n<p>Notably, the sub-index of competitiveness increased by 14.8 points to 125.6 points, thanks to the continuous efforts in improving infrastructure and developing new logistics methods.<\/p>\n<p>The corridor has brought larger market to western <span class=\"xn-location\">China<\/span>, with&nbsp;the imports and exports volume between the areas along the corridor and the ASEAN countries rising from <span class=\"xn-money\">691.6 billion yuan<\/span> in 2019 to <span class=\"xn-money\">881.7 billion yuan<\/span> in 2022.<\/p>\n<p>The index is jointly compiled by the Chongqing Port and Logistics Office, the Development and Reform Commission of Guangxi Zhuang Autonomous Region and relevant departments from other provinces in western <span class=\"xn-location\">China<\/span>, and implemented by the Coordination Center for Logistics and Operation of the&nbsp;New International Land-Sea Trade Corridor and the New Land-Sea Corridor Operation Co., Ltd, said Liu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHONGQING, China, May 19, 2023 \/PRNewswire\/ &#8212;&nbsp;The New International Land-Sea Trade Corridor, a trade and logistics passage jointly built by provincial-level regions in western China and ASEAN members, yielded fruitful results in 2022, said an index report revealed at the opening ceremony of the fifth Western China International Fair for Investment and Trade, which kicked [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":18714,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-18713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Xinhua Silk Road: New International Land-Sea Trade Corridor yields fruitful results in 2022 - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=18713\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xinhua Silk Road: New International Land-Sea 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