Participants gather at the new energy demonstration zone of the 9th China-Eurasia Expo in Urumqi, the capital of Xinjiang Uygur autonomous region. CAI ZENGLE/FOR CHINA DAILY
Steady growth in China-Europe and China-Central Asia freight train services, along with industrial upgrading and rising consumer demand in China and other Eurasian countries, is expected to further boost bilateral trade in the coming years, said market watchers and exporters on Friday.
Speaking at the ongoing 9th China-Eurasia Expo in Urumqi, the capital of Xinjiang Uygur autonomous region, which runs from Thursday to Monday, they said expanding cooperation in high-end manufacturing, green energy and the digital economy will advance high-quality Belt and Road cooperation, and inject fresh momentum into regional economic integration and sustainable growth.
Wan Zhe, a professor of regional economic development at Beijing Normal University, said the complementarities between China's manufacturing capabilities and the development needs of Eurasian economies are becoming increasingly evident.
Beyond facilitating trade, China-Europe and China-Central Asia freight train services are helping integrate industrial and supply chains, enabling businesses to respond more quickly to market demand and supporting the growth of higher-value trade in sectors such as advanced manufacturing and clean energy, she said.
