Source: Yicai Global

(Yicai Global) Sept. 6 -- After jumping on the One Belt, One Road bandwagon, Chinese multinational electronics company TCL Corp. [SHE:000100] is planning to double production at its plant in Poland to three million units in three years and make TCL one of the three best-selling color television brands in Europe, Chen Chuanlun, general manager of TCL Multimedia Technology Holdings Ltd.’s  overseas production center and the plant in Poland, told Yicai Global.

It used to take TCL 38 days to transport TV parts produced in Shenzhen by sea to its 105,000-square-meter factory in Zyrardow, Poland. After regular freight train service between China and Europe began on Jan. 1 last year, the company has been able to save 16 days by sending its products from Shenzhen to Chengdu in Southwest China and onto to Poland by rail.

“This allows us to respond to [changes] in European markets more efficiently,” Chen said. The Polish factory is well situated, and all raw materials, supplies and packaging materials can be locally sourced in less than four hours, said Chen. As Poland is in Central Europe, TV sets assembled there can be delivered to other parts of the continent within three days. “So, production takes one day, and delivering to clients takes three days. The supply chain is much shorter than before.”