Key Chinese logistic hub to receive $150m boost

23 November 2016

Chongqing, one of China’s major logistics hubs, is to receive a $150m loan from the Asian Development Bank (ADB) to develop an efficient goods handling system to integrate logistics for road, water, rail and transport.

Situated along the upper reaches of the Yangtze River, Chongqing boasts an extensive network of railways, expressways and inland waterways. In 2015, the city handled 1.1bn tonnes of cargo at 24 different locations within the city’s inner ring road. 

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