Shanghai will speed up the development of a global port and airport cluster in the Yangtze River Delta, according to Shanghai mayor Gong Zheng, who recently spoke at the 2021 North Bund Forum on international shipping. In the midst of the pandemic, China will make every effort to reinstate and facilitate the smooth circulation of global industrial and supply chains, President Xi Jinping said in a signal to the forum.
Xi stated that China is willing to collaborate with other regions to overcome adversity, adjust to new emerging trends of green, reduced, and smart shipping, and develop deeper international shipping collaboration.
According to Chinese media articles, the city also intends to promote decarbonisation and strengthen cooperation with the international shipping industry.
Shanghai was ranked third in the 2021 Xinhua Baltic International Shipping Center Development Index Report, which assessed the overall performance of 43 global cities with port and transporting services.
According to the state’s 14th Five-Year Plan (2021-2025) on international shipping centre renovation, annual trade volume will achieve at least 47 million 20-foot equivalent units (TEU) by 2025, annual Air-passenger travel throughput will reach at least 130 million, and annual cargo ship throughput will exceed 4.1 million tonnes.
The ‘2021 Shanghai Initiative’ was signed by more than ten businesses and institutions, including COSCO Shipments, China Eastern Airlines, the Baltic, and the International Maritime Council, to protect the bridge transport services of anti epidemic components while safeguarding the health and safety of employees involved.
