一 | (ECNS) -- The first direct China-Europe Railway Express freight train departed from Baoji in northwest China’s Shaanxi Province on Tuesday, headed for Nizhny Novgorod of Russia. The launch makes Baoji as the province’s second logistics hub with direct rail links to Europe, following the provincial capital, Xi’an. Carrying 55 containers of locally manufactured auto parts, including engines, chassis, and tires, valued at over 7.12 million yuan (about $1 million), the train will travel via the Alashankou port in Xinjiang to reach a Russian automotive plant. The new direct route offers a faster and safer alternative to traditional maritime shipping. The rail journey takes just 15 to 18 days, compared with over 40 days by sea. It also minimizes cargo damage by protecting high-precision parts from sea moisture and avoiding multiple transfers at coastal ports. Previously, Baoji only received inbound European trains and operated Central Asia routes. The inaugural direct freight train from Baoji to Europe successfully fills the city’ gap for lacking local outbound trains to Europe. In 2025, Baoji has processed 742 European and Central Asian trains, marking a 151.3% year-on-year increase. (By Intern Lin Qiaochu, Zhang Dongfang) 
。 (ECNS) -- The Chinese central government will issue RMB 6 billion (about $836.3 million) worth of sovereign bonds in Macao on August 20, China's Ministry of Finance and the Government of the Macao Special Administrative Region jointly announced on Monday. According to the announcement, the bond issuance will feature a more diversified maturity structure, helping further improve the regular issuance mechanism and providing investors with more secure and stable yuan-denominated investment options. The issuance is also expected to optimize the ecosystem of Macao's bond market and promote greater connectivity between Macao, the Chinese mainland and international financial markets. 。
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