China-Russia International Commodity Logistics Port Under Construction in Suifenhe

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Aug. 23 (Xinhua) — The construction of a China-Russia international commodity logistics port is underway in Suifenhe City, which will promote the high-quality development of the local economy, according to a statement posted on the website of the Suifenhe City Government.

The project covers an area of 23,738 square meters, and the total investment for its construction will be 120 million yuan (about 16.8 million US dollars). The new project will feature a high-end international center for display, storage and distribution of goods, modern “star”-level office buildings, as well as high-end theme hotels, etc.

The report notes that the implementation of this project will not only expand the logistics service capabilities in Suifenhe, but also create a large number of jobs and increase local tax revenues. By creating an efficient and intelligent logistics system, the new project will provide e-commerce enterprises with strong infrastructure and intelligent services to explore the markets of Russia and Eastern Europe, facilitate the free movement of goods, technology and capital, and promote regional economic integration.

The implementation of the new project will be of great significance to expanding Heilongjiang Province's external relations and strengthening its cooperation with Northeast Asia, and will also give new impetus to the high-quality development of the economy of Suifenhe City, the report said. -0-

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