China’s Zhengzhou International Land Port Development & Construction Co has signed an agreement with JSC Russian Railways Logistics to begin freight services.
The rail service will build on the existing trans-Siberian network between Zhengzhou and Europe, with a possibility of developing a Moscow-based logistics hub, according to a statement released by Russian Railways Logistics.
Of particular focus is the transport of temperature-sensitive goods between China and Europe, particularly during winter.
The agreement comes as China is focused on building a ‘Silk Road Economic Belt’, boosting trade across Central Asia and Europe. China has spent an estimated US$40b on rail and logistics to reduce reliance on air and sea transport, according to JOC.com, most recently launching a train service between Spain and Yiwu in China.