New Freight Train to Increase China-Europe Trade, China Says

A new China-Europe freight train launched last week that will help exports from China’s Sichuan province to Europe and boost foreign trade, China’s State Council Information Office said Aug. 12. The train, carrying more than “30,000 parcels” worth about $70 million, is the “first of its kind” between the city of Chengdu and Budapest, China said. The train is a “significant part” of China’s Belt and Road Initiative, the State Council said, and should increase trade between China and Europe.