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DHL and Chengdu Gateway Logistics Office Sign MOU to Accelerate Development of "Belt and Road" Trade Hub

2016-05-26 11:15 8029

SHANGHAI, May 26, 2016 /PRNewswire/ -- DHL Global Forwarding, a leading international provider of air, sea and road freight services, signed a Memorandum of Understanding (MOU) yesterday on building the China-Europe logistics corridor with Chengdu Gateway Logistics Office, the government agency responsible for developing Chengdu into a major trade hub under China's "Belt and Road" initiative.

Steve Huang, CEO, DHL Global Forwarding China and Chen Zhongwei, Director, Chengdu Gateway Logistics Office sign MOU on building the China-Europe logistics corridor
Steve Huang, CEO, DHL Global Forwarding China and Chen Zhongwei, Director, Chengdu Gateway Logistics Office sign MOU on building the China-Europe logistics corridor

 

The MOU will see DHL Global Forwarding collaborate with Chengdu's administration to further improve the security, customs efficiency, and freight capacity of the city's logistics infrastructure. With Asia's largest railroad container transportation hub located in Chengdu, the city's freight connections to Europe have undergone rapid renewal ahead of the "Belt and Road" initiative, including development of high-speed rail links like the Chengdu-Europe Express Rail between the city and Lodz, Poland in 2013; and the Chengdu-Central Asia Express Rail in 2014.

Positioned strategically along several "Belt and Road" routes including the Bangladesh-China-India-Myanmar (BCIM) economic corridor and the Yangtze River Economic Belt, Chengdu is the largest trade center in Western China and ranks first among cities in western China in terms of foreign investment in commerce and trade[1]. With the MOU, DHL will also gain greater access to Chengdu's export trade lanes, allowing it to provide services to exporters in the city's fast-growing free trade zones like the High Tech Zone and Tianfu New Area. Some high-growth sectors like automotive production are expected to grow by more than 50% within the next 10 years,[2] with DHL's specialist services in electronics and automotive logistics expected to receive particular focus from Chengdu's industrial clusters.

"As one of the best-performing cities in China when it comes to economic growth, industrial strength, and overseas investment[3], Chengdu has immense potential to add value to the former South Silk Road's revival," said Steve Huang, CEO, DHL Global Forwarding China. "In the next few months, we will also be working on bringing rail service from Chengdu to Turkey, furthering our rail development in the city since we first opened our West Corridor rail solution from Chengdu to Lodz three years ago. We look forward to making the most of the opportunities for growth and development in Chengdu."

In line with the "Belt and Road" initiative, DHL has been fast developing solutions along the new Silk Road over recent years. Last year, DHL expanded the multimodal network to Taiwan, linking Taichung to the trans-Siberian North Corridor from Suzhou to Warsaw and added the westbound and eastbound services from Zhengzhou to Hamburg -- in addition to the trans-Kazakh West Corridor rail service that originates from Chengdu to Lodz. In 2014, DHL introduced the first temperature-controlled China-Europe rail service on the same West Corridor, allowing temperature-sensitive products to be shipped year-round, regardless of the weather. 

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DHL - The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 340,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as "The logistics company for the world".

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 59 billion euros in 2015.

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Source: DHL
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