AI Data Insight
According to DataTrack data, China's railway freight volume reached 448.70 million tons in September 2026 (Q3), representing a 2.01% increase from the previous month, but still showing a slight decline compared to the same period last year. Although traditional bulk commodities such as coal have been dragged down by slowing domestic demand, high-value-added cross-border freight such as the China-Europe Railway Express has demonstrated strong momentum. It is expected that the data will stabilize in the short term, supported by the seasonal peak season, but in the medium term, attention must still be paid to slowing industrial activity and geopolitical risks.