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المشهد العربي
China launches Bingluo Waterway to lower logistics costs
China has inaugurated the "Binglu" Waterway aimed at reducing transportation costs and equipping the southwestern inland areas with a direct maritime outlet, which shortens the distance by approximately 560 km and saves between 18% and 30% in expenses. The route stretches 134.2 km and connects Nanning to the Gulf of Tonkin. It is expected to contribute to annual financial savings exceeding 5 billion yuan ($745 million). The project began implementation in August 2022 at a cost of around 72.7 billion yuan, with the goal of shortening the time and costs associated with transporting goods to Southeast Asian countries.
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