China’s ports see 8.1% YoY volume growth in early 2024
NewsLast year, all the Chinese ports handled 16.97 Bt, having exceeded their 2022 volume by nearly 8%. Shanghai throughputs surged, Hong Kong saw a downfall.
China’s Xiamen port has started developing a new port area at South Liuwudian, the closest point to Taiwan, for direct cross-strait container trade, which is expected to resume this year. The Xiamen city government plans to spend Yuan1.2B (US$175M) to build three bulk berths and will develop five container berths at a later stage.
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