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Ports pin hopes on rising domestic trade

(chinadaily.com.cn)
Updated: 2009-06-05 14:34

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Major Chinese ports are hopeful that rising domestic trade volumes would help them counter the continuous contractions in cargo throughput for overseas markets.

Most of the ports are adding more domestic shipping lines and expanding the local network to cash in on the 4-trillion-yuan economic stimulus package rolled out by the Chinese government to boost local consumption.

Shenzhen Yantian port, the country's second largest port by container throughput, is increasingly looking at domestic business as the global economic recession is eroding into China's foreign trade...

The full text is available in the May Issue of Logistics China. Please visit publications for more subscription details.