On November 10, ITL Group singed the Comprehensive Business Cooperation Framework Agreementwith the Shaanxi Branch of Bank of China Limited (BOC), with an aim to jointly improve the quality and efficiency of China Railway Express (CRE) Chang'an international freight trains, promote the consensus of the construction of the New International Land-Sea Trade Corridor (ILSTC), jointly serve the national strategy and deepen the economic and trade cooperation with countries along the Belt and Road. This effort has laid the foundation to achieve the goal of creating a multi-win situation of high-quality cooperation.

The signing of the agreement will give full play to the professional strengths of the domestic and overseas platforms of BOC providing diversified and full-featured financial services, offer full support to CRE Chang'an international freight trains and provide a variety of credit financing products and supporting financial services, which will effectively facilitate the development of ITL Group.

During discussions, the two sides discussed the development of logistics and trade financing businesses around CRE Chang'an international freight trains, striving to achieve breakthroughs in cooperation in such fields as financial leasing, parallel-import cars and used car export. The two sides also had in-depth exchanges and discussions on the existing business progress and follow-up business cooperation.

In the future, the two sides will contribute to promoting an export-oriented economy in Shaanxi, jointly facilitating bank-enterprise high-quality business cooperation, giving impetus to the construction of the Belt and Road Initiative and building a "new development pattern with the domestic cycle as the main body and the domestic and international cycles mutually promoting each other".

On November 7, Xi’an International Inland Port Multimodal Transportation Co., Ltd. signed a Memorandum of Cooperation with OOCL Logistics (China) Limited at the OOCL Logistics Booth C3-03 during the 3rd China International Import Expo (CIIE).

It is the first cooperation reached by Xi’an International Inland Port Multimodal Transportation Co., Ltd. at the CIIE. At present, the high-quality development of China Railway Express (CRE) Chang'an international freight trains continues to be accelerated. After partnering with DHL, DB Schenker, RTSB, DBCargo, Volvo and China FAW Group Import and Export Co., Ltd., it has signed an agreement with OOCL Logistics this time, marking that new momentum has been continuously injected into the development of CRE Chang'an international freight trains.

The signing of the Memorandum of Cooperation between the two sides will further drive their close cooperation, give full play to each other's location and service advantages, promote the development of the sea-rail intermodal transport business and provide better sea-rail intermodal transport solutions for clients of countries along the Belt and Road.

Since the two sides signed the cooperation agreement in March 2020, OOCL Logistics has gradually developed to transport products with high added value to Europe and other places by means of CRE trains, relying on its rich direct client resources accumulated through years of shipping advantages and experience and combining the advantages of CRE trains traveling shorter transport distance and taking less cycle time than transport by sea.

Next, Xi’an International Inland Port Multimodal Transportation Co., Ltd. will strengthen the in-depth cooperation with OOCL Logistics, continue to provide excellent services, improve efficiency, give full play to the respective comparative advantages of the two sides, enhance the competitiveness of CRE Chang'an international freight trains at home and abroad and explore more cooperation modes to jointly build CRE high-quality sea-rail intermodal transport lines, thus making new and greater contributions to the implementation of the Belt and Road Initiative.

The 3rd China International Import Expo (CIIE) widely concerned by the public was inaugurated in Shanghai. As a major international economic and trade event carried out under the regular epidemic prevention and control, CIIE supports trade liberalization and economic globalization and shares the opportunities brought about by the "new development pattern with the domestic cycle as the main body and the domestic and international cycles mutually promoting each other". ITL Group led its subsidiaries to participate in this unique oriental event.

On November 4, ITL Group and DHL Global Forwarding (China) Co., Ltd. once again reached in-depth cooperation after jointly developing the German Express and joined hands to embark on a new journey.

The signing of the agreement means that the two sides will launch brand-new business cooperation in the cross-border e-commerce field on the basis of deepening international logistics cooperation, which is an all-round upgrade of the cooperation between the two sides in more in-depth and wider fields.

During discussions, the two sides expressed that they should give full play to their respective advantages and further carry out in-depth cooperation. The two sides held exchanges on cooperation in new line development, express optimization and cross-border e-commerce.

In the next step, the two sides will rely on the cross-border e-commerce port of Xi'an Comprehensive Bonded Zone, increase resource investment in international freight, port operation, market promotion and other aspects. Through resource integration, the two sides will improve the business model of "CRE (Chang'an) +" and realize deeper business interaction.

On the morning of October 15,2020,with the great support of Xi'an Customs District P.R.China, China Railway Xi'an Group Co., Ltd., China Railway Container Transport Co., Ltd. (CRCT), CRIntermodal Xi'an Railway Container Terminal, the China Railway Express (Chang'an) train for 82 imported Audi vehicles arrived in Xi'an. This is another imported vehicle project implemented by ITL Group after the successful imported Volvo vehicle project.

Su Guofeng, Deputy Director of the Administrative Committee of Xi'an International Trade & Logistics Park, Yu Hong, Vice General Manager of China Faw Group Import & Export Co., Ltd., and Qu Jinwei, Secretary of the Party Committee and General Manager of ITL Group attended the Receiving Ceremony and delivered speeches.

The train for imported Audi vehicles started from Bremerhaven, Germany, passed by Belarus and Kazakhstan, and entered China. It took the train 13 days to arrive at the destination.This year, China Railway Express (Chang'an) will dispatch 6 trains every week to transport about 2,460 imported Audi vehicles.

These Audi vehicles were all transported through China Railway Express (Chang'an), greatly reducing the transport time and cost, and increasing the international transport efficiency. Based on the advantageous location of the Port of Xi'an, Audi vehicles will be distributed to the domestic market after arrival at the port, which will dramatically reduce the distribution time and cost, help Audi give quick response to the market demand in a more efficient means of transport and deliver vehicles to terminal customers in a shorter time, and improve the enterprise competitiveness.

For this transportation task, ITL Group formed the Audi Project Team. This team visited the Chinese headquarters of Audi in Changchun several times for discussion and invited relevant personnel of Audi to visit Xi'an International Trade & Logistics Park, CRIntermodal Xi'an Railway Container Terminal, Xi'an Vehicle Import Port, and the automobile testing line, meanwhile, it actively provided the customer with the whole-process logistics solutions and prepared special wooden pallets and solid belts to ensure secure and safe transportation.

The Port of Xi'an is a natural logistics distribution centerequipped with a well-established vehicle port.From January to August 2020, the vehicle import port at the Port of Xi'an ranked sixth among all coastal and inland ports and first among all inland ports in terms of the number of imported vehicles.

After the ceremony, all participants visited the comprehensive port of the Port of Xi'an. By virtue of the rapid development of China Railway Express (Chang'an), the Port of Xi'an has focused on international automobile logistics and developed the automobile industry chain service system that integrates automobile import and export, second-hand vehicle export, import of parallel-import vehicles, collection and distribution of imported parts and components, warehousing & transportation, etc.

China Railway Express (Chang'an) is the transport carrier for the vehicle port at the Port of Xi'an. From January to August this year, 2,439 trains were dispatched, 1.9 times higher than that of the same period last year; a total of 1.89 million tons of goods were transported, 1.8 times higher than that of the same period last year. It was top-ranked concerning several core indicators, including the dispatched amount, the ratio of the loaded container, and the volume of freight.

In the future, ITL Group will continue improving the quality and frequency of China Railway Express (Chang'an) and make contributions to further accelerating the construction of the China Railway Express (Xi'an) Collaboration Center and developing a new development pattern that takes the domestic market as the mainstay while letting domestic and foreign markets boost each other.

On September 15, the 2020 Global Automobile Logistics Conference (GALC) hosted by the China Federation of Logistics & Purchase (CFLP) and co-organized by China Automotive Logistics Association of CFLP and ITL Group was held in Xi'an.Industry leaders gathered in Xi'an, adding new appeal to this ancient city.This session is built on a theme of "Cross Road: Expansion or Concentration".

The GALC is one of the most important international conferences in the automobile logistics industry, a specialized high-end platform that helps China gear to the global automotive supply chain, and deemed as the wind indicator for the future development of the global automobile logistics industry.

At the conference, leaders from all walks of life delivered wonderful speeches.Sun Yimin, Secretary of the Communist Party of China Party Working Committee of Xi'an International Trade & Logistics Park delivered a speech, and Qu Jinwei, Secretary of the Party Committee and General Manager of ITL Group and Shao Boer, General Manager of Xi’an International Inland Port Multimodal Transportation Co., Ltd. gave wonderful keynote speeches.

The GALC has been successfully held for 14 sessions in Beijing, Shanghai, Chengdu, and so forth.It is the first time that the GALC has been held in Xi'an, putting into practice the instructions of General Secretary Xi Jinping in July 2020 that efforts should be made to nurture a new development pattern that takes the domestic market as the mainstay while letting domestic and foreign markets boost each other.The dual-cycle development is a deeper reform for the Belt and Road Initiative and higher opening up for domestic demand.

The Port of Xi'an is the first inland port that is not close to coasts, rivers, and borders in China. It focuses on international automobile logistics and develops the automobile industry chain service system that integrates automobile import and export, second-hand vehicle export, import of parallel-import vehicles, collection and distribution of imported parts and components, warehousing & transportation, refitting & reconditioning, testing & repair, exhibition & display, etc.

This year GALChas directed the development of China's automobile logistics industry. Notably, China Railway Express (Chang'an) has enjoyed rapid development in the international automobile logistics industry, which has a significant impact on the structure of the future international automobile logistics industry.It has also increased the awareness of the Port of Xi'an in the global automobile logistics industry and facilitated the Port of Xi'an to be recognized by the industry,marking that Xi'an has entered a new era in the automobile logistics industry.