Qinzhou generates 32.8b yuan industrial output value in Q1
The Qinzhou Port area of the China (Guangxi) Pilot Free Trade Zone (FTZ) generated 32.8 billion yuan ($4.7 billion) in industrial output value in the first quarter of the current year, an increase of 15.4 percent year-on-year.
In the process, it helped 18 industrial enterprises above a designated size (annual turnover of over 120 million yuan) to develop, releasing their potential.
By March 17, the 1,700th train of the New International Land-Sea Trade Corridor was sent out in the current year, reaching the first quarter target 14 days ahead of schedule.
In Q1, 2,167 freight trains were run along the trade corridor, up 25 percent year-on-year. As a result, the cargo throughput was 42.45 million metric tons, up 10.6 percent year-on-year and the container throughput was 1.23 million twenty-foot equivalent units (TEUs), up 13.8 percent year-on-year.
A panoramic view of Qinzhou Port. [Photo/WeChat account: gh_df8bc987e060]