Chinese ports struggle to raise throughput

摘要

The Chinese economy has said goodbye to high-speed growth as well as stable foreign trade volumes, which is putting pressures on the operations of all Chinese ports, Tong Mengda, chief economist of Ningbo Port Group, told delegates at the Intermodal Asia 2015 conference in Shanghai in March. These ports' situation will be at odds with their respective expansion ambitions if upcoming policy changes are factored in, Tong said. These changes may result from China's free trade agreements (FTAs) with other countries and the free trade zones (FTZs) opened in the Chinese coastal regions of Fujian, Guangdong, Shanghai, and Tianjin.