BUSINESS China's freight volume continues to grow in October

BUSINESS

China's freight volume continues to grow in October

Xinhua

12:02, November 21, 2020

A China-Europe freight train pulls out of the Urumqi China-Europe Railway Express Hub in Urumqi, capital of northwest China's Xinjiang Uygur Autonomous Region, Feb. 20, 2020. (File photo: Xinhua)

BEIJING, Nov. 21 (Xinhua) -- China's national freight volume, an indicator of economic activity, grew faster in October from a month earlier, signaling the country's steady recovery from the COVID-19 fallout.

The country's freight volume has maintained positive growth for six consecutive months, up 7.2 percent year on year in October. This was higher than the 5.6-percent increase registered in September, according to the National Development and Reform Commission.

China's railways carried a total of 3.73 billion tonnes of goods during the first 10 months, up 3.1 percent year on year. In October, the country's railway freight volume rose 3.2 percent from a year ago to 408 million tonnes. 

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue