The volume of Sino-Russian logistics in transit will increase to 30 million tons per yea

Interfax Novosibirsk (Novosibirsk) at a roundtable meeting on the prospects of trade development between China and the Siberian Federal District held a few days ago, the director of the Siberian Highway Transport Association said that by 2020, Sino-Russian logistics transportation in transit will increase to 30 million tons per year, including 3 million tons per year by road. At present, the logistics transport in transit between China and Russia is about 10 million tons per year. Interfax Novosibirsk (Novosibirsk) at a roundtable meeting on the prospects of trade development between China and the Siberian Federal District held a few days ago, the director of the Siberian Highway Transport Association said that by 2020, Sino-Russian logistics transportation in transit will increase to 30 million tons per year, including 3 million tons per year by road. At present, the logistics transport in transit between China and Russia is about 10 million tons per year. A few years ago, transit Kazakhstanundefineds road traffic from Russia to China was still prohibited, but now it is starting to take off, and the volume of goods exported by the two countries to each other is basically close to that of the two countries as Chinaundefineds imports of Russian goods begin to decrease. While experts had predicted that shipments between China and Russia would rise in the face of tensions with the West, Ukraine and Turkey, the figure remained at levels in the same period last year in the first quarter of 2016. The biggest advantage of transporting goods from Siberia to China lies in shorter transportation distance and lower customs tax.