Impacts of the New International Land–Sea Trade Corridor on the Freight Transport Structure in China, Central Asia, the ASEAN countries and the EU

Abstract

The New International Land–Sea Trade Corridor (ILSTC) is a trade and multimodal transport corridor jointly built by the western Chinese provinces and the ASEAN countries. The ILSTC treats Chongqing and the Beibu Gulf ports of mainland China, Hong Kong and Singapore as different transport hubs through which it attempts to link the western provinces of China with the ASEAN countries. International trade among the ASEAN countries, Central Asia and the EU can also be improved by the existing China Railway (CR) Express service from western Chinese cities. To analyze the impacts of the ILSTC on the freight market structures of West China, Central Asia, the ASEAN countries and the EU, first, the current freight transport route alternatives and those of the ILSTC were selected as the study objectives. Second, data on freight route alternatives were collected and analyzed. Third, the choice behavior in freight transport and the market share of the ILSTC were determined and calculated using a multinomial logit model. The impacts of the ILSTC on freight transport structures are discussed and related suggestions for the development of international logistic service providers are proposed.