TIANJIN, Nov. 22 (Xinhua) — During the Tianjin International Shipping Industry Expo 2023 held in north China’s Tianjin Municipality from Nov. 16 to 18, world attendees expressed a shared perception within the rising prowess of China’s delivery business.
The occasion showcased China’s strong developments, creating new realms of growth inside the world panorama.
The newest problem of the Xinhua-Baltic International Shipping Center Development Index unveiled a notable presence of Chinese delivery middle cities within the high 10 world rankings for 2023. Cities like Shanghai, Hong Kong, Ningbo and Zhoushan have been prominently featured on this listing, underscoring China’s rising significance within the worldwide delivery area.
The report additionally highlighted Singapore, London and Shanghai because the world’s main delivery facilities, emphasizing the continual ascent of Asia-Pacific delivery hubs.
“In a rapidly evolving global trade landscape, China’s achievements in shipping are paving the way for the future,” mentioned Jin Yu Cheong, head of Baltic Exchange Asia.
Over the previous 10 years, the facilities of the worldwide delivery business have undergone important adjustments, with items, commerce and capital steadily shifting eastward, mentioned Hayao Gen, president of Fenghai Technology Consulting Services Co., Ltd., a consulting agency of Japan Port Group.
Chinese port cities equivalent to Shanghai, Guangzhou and Qingdao now rank among the many high worldwide delivery facilities, contributing to the soundness of world provide chains, mentioned the port development skilled.
China has made a serious breakthrough this yr by way of ship fleet measurement, an vital indicator of the event of the delivery business.
Data confirmed the tonnage of the ship fleet owned by Chinese shipowners has reached 249.2 million gross tonnes, surpassing Greece in gross tonnage to turn into the world’s largest shipowner nation.
According to the General Administration of Customs, China’s overseas commerce reached 42.07 trillion yuan (about 5.87 trillion U.S. {dollars}) in 2022. China remained the world’s largest buying and selling nation in items, reaching this feat for a sixth consecutive yr.
Meanwhile, China’s port cargo throughput and container throughput have each ranked first on the earth for a number of years in succession. Among the world’s high 10 ports by way of port throughput and container throughput, China is residence to eight and 7 ports, respectively.
About 95 % of China’s cargo transport is achieved by sea transport, with maritime routes and repair networks protecting main nations and areas on the earth. Moreover, the promotion of the Belt and Road Initiative has created new growth house for China’s delivery business on the earth.
“With Belt and Road cooperation as the focus, China is pioneering an opening-up strategy that integrates both land and sea, facilitating mutual progress between the East and West,” Ma Jiantang, a member of the Standing Committee of the Chinese People’s Political Consultative Conference National Committee, mentioned on the expo.