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Sunday, September 22, 2019

Maritime Logistics Professional

August 26, 2019

China Cargo Throughput Up 7.7% Amid Trade War

Image: Cosco Shipping

Image: Cosco Shipping

Amid the US-China trade war, China has recorded 7.9 billion tonnes of cargo output in the first seven month of the year, an increase of 7.7 percent compared to 2018.

According to Chinese state news agency, foreign trade cargo throughput amounted to 2.5 billion tonnes in the Jan.-July period, up 3.1 percent year on year.

Container throughput at ports registered a 5.2-percent increase to around 150 million 20-foot equivalent units in the same period, the ministry said.

The cargo throughput growth at ports came amid the steady expansion of China's waterway freight volume, which increased 7.4 percent year on year to 4.1 billion tonnes in the first seven months.

At the beginning of the year, the Ministry of Transport expanded the statistical range from major ports to all ports across the country.