Passageways Mulled to Promote Northeast Provinces' Foreign TradeNortheast China's provinces are mulling raising a huge sum of money to build two grand passageways directly connecting to Japan Sea in a move to speed up local economic development and foreign trade with international market.According to the construction plan, one passageway is from Suifenhe River to Russian Vladivostok, the other is from Mudanjiang River to Korean Chongjin. The two passageways will be two outbound railway-highway linkages with destination ports being Russian Vladivostok, Nakhodeka, Zarubiro and Korean Rajin and Chongjin. According to Wang Huijiong, researcher of Development Research Center under the State Council, the move will greatly convenience the northeast provinces' foreign trade transportation, shorten transportation distance for a cut of cost and help raise the competitive edge of exports like coal, grain, animal husbandry, equipment and other export commodities. After the two passageways are completed, foreign trade volume in the provinces is expected to grow by 8 percent annually, major trade partners are Japan, South Korea, the US and Canada. So far, Dalian still remains a key transportation port in China's northeast provinces. It is predicted that in the coming 10 years, China and the related provinces will raise nearly 10 billion yuan to upgrade and expand railway, highway construction, communication lines and related infrastructure facilities to gradually improve transportation condition, reduce fee charging standard, simplify procedure and improve efficiency. So far, a batch of projects have been put under construction such as renovation of Harbin-Suifenhe River railway, Suifenhe River highway passenger and cargo transportation hub center and Mudanjiang River cargo hub center renovation construction. By PD Online Staff Li Yan |
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