Chongqing Strives for a Constant Rise in ILSTC’s Freight Volume This Year

Chongqing issued work priorities of Chongqing in advancing the New International Land-Sea Trade Corridor (ILSTC) construction in 2021 recently.

Chongqing issued the Work Priorities of Chongqing in Advancing New International Land-Sea Trade Corridor (ILSTC) Construction in 2021 recently. (iChongqing file photo)

In the document, Chongqing puts forward to increase the volume transported via rail-sea intermodal transport, cross-border through shuttle bus service, and international railway transport by more than 15% over the year.

Specifically, the document covers five main aspects. The first is optimizing operation organization.

As stated clearly in the document, the frequency of ILSTC's three modes of transport will be increased, and the "system of one single bill of lading" for rail-sea intermodal transport will be piloted this year.

Meanwhile, the role of Chongqing as ILSTC's operation organization center will be maximized to advance the establishment of a public information platform for ILSTC.

The second is improving infrastructure. This year, Chongqing will put in place a series of construction projects, including highway construction projects such as the capacity expansion projects of Chongqing-Guizhou Highway and Chongqing-Suining Highway.

Besides, Chongqing will also commence constructing ILSTC's Chongqing Dry Port Project (Phase I) and other projects.

The third is deepening exchange and cooperation. Chongqing will organize the first ILSTC International Cooperation Forum, ILSTC promotion at home and abroad, and other activities to establish a service platform for trade exchange between en-route countries and enterprises. This is to advance the implementation of more international cooperation projects.

Meanwhile, Chongqing must take the lead in seizing the opportunities presented by the signing of the Regional Comprehensive Economic Partnership (RCEP), strengthen cooperation with emerging markets represented by ASEAN countries, develop new types of trade such as trade in services, and put into practice Chongqing's plans to deepen economic and trade cooperation with ASEAN.

The fourth is fostering channel economy. Chongqing will build together with en-route provinces (autonomous regions and municipalities) and ASEAN countries a batch of industrial cooperation parks that can enhance each other and ensure a win-win scenario.

Chongqing will guide production factors to more competitive en-route regions, conduct international cooperation in production capacity and equipment manufacturing, and promote industries to complete chains and form clusters for improved coordination.

The fifth is optimizing the coordination mechanism. Chongqing will maximize the important role of the inter-provincial consultation and cooperation mechanism and organize and hold the Inter-provincial Joint Conference on Consultation and Cooperation.

Meanwhile, Chongqing will also strengthen the cross-regional comprehensive operation platform, establish regional operation organizations in en-route provinces (autonomous regions and municipalities) synchronously and form a unified operation model for diverse cross-regional modes of transport.