China's rail freight volume increased 3% year-on-year in January-October, reaching a record high: Chinese media

According to China State Railway Corporation (hereinafter referred to as SRC), China's state-owned railway company, railway freight transport volume from January to October this year reached 3.378 billion tons, up 3% from the same period last year, and the largest increase in the same period.
The total number of China-Europe freight trains (China-Europe) and China-Asia freight trains (China-Asia) increased by 7.8% year-on-year to 28,000 from January to October.
In addition, the cargo volume of the Western Land and New Sea Route, which transports cargo from the western region to overseas countries via the Guangxi Zhuang Autonomous Region, increased by 64% to a cumulative total of 1.2 million TEU.
Priority routes were opened up for the transportation of key materials. Coal transportation volume during the same period was 1.732 billion tons, of which 1.178 billion tons was coal for power generation. Materials for smelting increased by 9.1% year-on-year, and grain
Transportation increased by 13.8% year-on-year, supporting stable economic operations. From January to October, the volume of container cargo transported by rail and water increased by 16.2% year-on-year to 14,258,000 TEU, contributing to the reduction of social logistics costs.
contributed to the reduction.