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Economy

Qingdao port sees throughput up 13% in Q1

(Xinhua)
Updated: 2011-04-02 16:20
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QINGDAO - Qingdao Port, China's second-largest port in terms of foreign trade, saw its cargo throughput up 13.2 percent year-on-year in the first quarter of 2011, the port's chairman said Saturday.

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The port in the eastern province of Shandong handled 96.02 million tons of cargo during the January-March period, said Chang Dechuan, chairman and president of Qingdao Port (Group) Co.

Meanwhile, the port handled 3.2 million TEUs (twenty-feet equivalent units) in the first quarter, an increase of 17.6 percent from a year earlier.

Chang attributed the increase to recovering international trade and the port's upgraded information systems.

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