Shanghai to build world-class international shipping center by 2025
Published: Jul 08, 2021 09:38 PM
Yangshan Phase IV Automated Terminal in Shanghai on June 17, 2021 Photo: VCG

Yangshan Phase IV Automated Terminal in Shanghai on June 17, 2021 Photo: VCG

Shanghai vows to build a world-class international shipping center characterized as convenient, efficient, open, integrated, and capable of providing strong support, according to the city's 14th Five-Year Plan on the construction of Shanghai's international shipping center released on Thursday. 

The plan set a series of goals for the construction of the international shipping center from different aspects including the hub's service, logistics collection and distribution, shipping service, cruise economy and environmental optimization and cooperation and exchange. 

According to the plan, the city's annual container throughput will reach at least 47 million 20-foot equivalent units (TEUs) by 2025; the annual throughput of air passenger travel will reach at least 130 million; while the annual throughput of cargo ships will reach 4.1 million tons or above. 

In terms of logistics collection and distribution, the city vows to enhance its service level of multimodal transport with the proportion of water-to-water transfer of TEUs reaching no lower than 52 percent and the number of marine-to-rail transfers reaching at least 650,000 TEUs. Besides, it will take only 40 minutes for the cargos departing from Shanghai Pudong International Airport to arrive in the city's downtown. 

By 2025, the Asia-Pacific cruise enterprise headquarters base will basically take shape in Shanghai to form an environmental friendly, smart and efficient cruise industry chain. 

According to the Xinhua-Baltic International Shipping Centre Index (2020), Shanghai's international influence has been increasing steadily as the city was ranked the world's third in the international shipping center ranking. 

Global Times