Core Insights - The first China-Europe freight train e-commerce express line from the Guangdong-Hong Kong-Macao Greater Bay Area has been launched, expected to reach Budapest, Hungary in 15 days, carrying goods valued over 40 million yuan [1][3] - The train will operate at a frequency of 1 to 2 times per week, primarily exporting electromechanical products from private enterprises [1][3] Industry Overview - The China-Europe freight train (Shenzhen) e-commerce express line provides a new logistics channel for cross-border e-commerce, offering higher efficiency and lower costs compared to traditional sea and air transport, catering to the needs of small batch and time-sensitive shipments [3] - Shenzhen Customs has implemented dedicated personnel to assist companies with expedited customs clearance, offering a "7×24 hours" appointment service to ensure efficient processing [3] Trade Dynamics - The China-Europe freight train has become a "golden channel" for trade between Asia and Europe, connecting 224 cities in 25 European countries and over 100 cities in 11 Asian countries, covering the entire Eurasian region [3] - By 2024, the bilateral trade volume between China and Europe is projected to reach 785.8 billion USD, accounting for over one-third of global trade [3] - China is expected to be the largest source of imports for the EU in 2024, making up approximately 21.3% of the EU's total imports, while being the EU's third-largest export market at about 8.3% of total exports [3] Economic Cooperation - The ongoing development of the China-Europe freight train is anticipated to further promote stable growth in China-Europe trade and enhance cooperation in green and digital transformation [3]