The Zhejiang Province Belt and Road Studies Think Tank Alliance was reportedly officially launched on Sept 1 at Zhejiang Normal University.
East China's Zhejiang province has seen strong imports growth via the freight train service linking Europe in the first seven months of 2021, local customs said.
Hungary is looking to emphasize its role as a land transportation hub for China-Europe freight trains as it aims to further promote comprehensive cooperation between the country and China in the fields of modern trade, logistics and e-commerce.
Though the outbreak of COVID-19 had grounded Europeans for months and impacted the economy as a whole, some sectors such as the electronics business have spotted a niche given the surging demand for laptops and other gadgets at home.
A meeting held to promote the 5th China-Arab States Expo for Merchants from Countries Along the Belt and Road was held in Yiwu, a city in East China's Zhejiang, on June 21.
Freight train X8022, which was loaded with 100 TEUs of hardware, electric appliances, and groceries, departed from Yiwu West Station on the afternoon of June 16, marking the 1,000th Yiwu-Xinjiang-Europe freight train journey this year.
Train X8020, which was carrying 100 twenty-foot equivalent units (TEUs), departed Jinyi New District in Jinhua for Budapest, capital of Hungary on June 7.
This was the county-level city's first import of fruits through direct purchase and flight from the place of origin.
