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Chinese authorities have encouraged the development of multimodal transportation, with the State Council last year requesting the creation of more such routes. According to the State Council, China's cabinet, it is necessary to promote the development of multimodal transportation for an international logistics "corridor" with improved transportation quality and efficiency. "Multimodal transportation can improve efficiency, slash costs, protect the environment, and is quite safe," said Wang Ming, an official with the National Development and Reform Commission."All related departments should deepen reforms in the rail network and freight prices to create a fair and orderly market environment, so as to push an upgrade in the logistics industry." Yu Chunxiao, deputy head of the National Railway Administration (NRA), described the deal between Shenhua and Huochebang as a "positive" and "beneficial" step. "The NRA will improve regulations and actively engage in multimodal transportation," Yu said. "We will also try to create a good environment for companies to promote the healthy development of the logistics industry."
Chinese automakers reported sales growth in August. Geely Automobile sold 113,443 cars, up 12 percent year-on-year. Its Lynk & Co brand hit a new record of monthly sales to 17,098 units, increasing 56 percent year-on-year.
Chinese entrepreneur He Liehui boarded a flight to Ghana and visited Africa for the first time 18 years ago. Now his businesses have landed on more than 20 African countries, after knocking on the door of each market one by one
Chinese Vice-Minister of Commerce Wang Shouwen said 15 member states will maintain contact with India and continue to negotiate with it in order to address India's remaining concerns.
Chinese companies have been increasingly "going global", investing all over the world from Africa to Latin America, including in many infrastructural projects.