WRITE for ATol ADVERTISE MEDIA KIT GET ATol BY EMAIL ABOUT ATol CONTACT US
Asia Time Online - Daily News
             
Asia Times Chinese
AT Chinese



    China Business
     May 9, 2006
New port push includes Fujian

BEIJING - China's port and shipping facilities are to be upgraded to include two major new regions, the Ministry of Communications has announced.

Communications Minister Li Shenglin said the two additional port groups are on the mainland side of the Taiwan Strait in southern Fujian province; and in Hainan and southern Guangdong. Li announced the plans in a special interview with China Daily at a recent sea transport forum in the port city of Tianjin.

Five port "clusters", rather than the existing three surrounding



Shanghai, Shenzhen and Tianjin, will be prioritized as part of a new port-development plan. The plan is part of an effort to match the national 2006-10 social and economic development program, Li said.

Li said China's seaports and their relatively easy access to containerized shipping and industrial materials had been a major factor in transforming the nation's economy. "Shanghai, Shenzhen and Tianjin have already been built into national ocean transportation hubs," he said.

Shanghai, at the mouth of the Yangtze River, is the largest business city in China, serving the versatile urban economic network across the Yangtze River Delta. Shenzhen is becoming an increasingly important support center for Hong Kong, and is in itself leading many smaller ports on the Pearl River Delta, where China's largest group of exporting manufacturers are located. Tianjin, close to Beijing and a key link of all the seaports around the Bohai Bay, is vital to the economy of northern China.

However, Li said the two newly planned port clusters would be of no less importance.

The southeastern port cluster would be built around Xiamen, a business center of southern Fujian, joined by Fuzhou, Quanzhou, Putian and Zhangzhou. Zhangzhou will serve as a destination for China's imports of crude oil and natural gas, and the others will mainly handle containers.

The Fujian port blueprint is part of the central government's scheme known as the Western Shore Economic Zone of the Taiwan Strait. This plan was intended to help develop economic ties between the Chinese mainland and Taiwan. Li said this would anticipate free-trade relations between the mainland and Taiwan, which he said would benefit business communities on both sides of the strait, although there has been little progress so far.

Xiamen is already a large port. Mayor Zhang Changping recently expressed the municipal government's will to boost its annual throughput from 70 million tons to 100 million tons.

In southwestern China, Zhanjiang, Fangcheng and Haikou will form a system of container transportation. Zhanjiang, Haikou and other ports will also serve as places to download and reserve imported crude oil and natural gas. And Zhanjiang, Fangcheng and Basuo have been designated to become ports to import mineral resources. Passenger transport infrastructure will also be improved in Zhanjiang, Haikou and Sanya in the coming five years, according to the national program.

Li said the newly drafted port-development plan was aimed at "expanding the transportation capacity of the Chinese coast to match the economy's fast growth". He forecast that China's ocean-cargo-handling capacity will rise from 3.8 billion tons in 2005 to 5 billion tons in 2010, and that its coastal throughput of containers, as measured in TEU (20-foot equivalent units), will grow from 74.41 million in 2005 to 130 million in 2010.

Chai Haitao, a researcher with the International Trade Research Academy of the Ministry of Commerce, said the plan for the new round of port expansions had been undertaken to anticipate future economic development in China and the world. Chai predicted that China's foreign trade would grow at an annual rate of 15% from 2006-10, so that almost all of China's major seaports would undergo expansion in the next few years.

Meanwhile, the International Monetary Fund has predicted that the world's economy will grow at an annual rate of 4.2% during 2006-09, relatively higher than that during the 2001-05 period. The IMF also predicted that over the next five years, China would continue to be the world's economic engine, with annual growth of no less than 8%.

China has been the world's biggest cargo producer since 2004, with Shanghai being the world's largest port in terms of handling tonnage. Ten of the world's 25 largest seaports are already in China.

(Asia Pulse/XIC)

Chinese shipping aims for global leadership
(Mar 1, '06)

Yangshan the world's largest cargo port 
(Jan 7, '06)

New joint venture for Yangshan harbor project
(Jan 4, '06)

Tianjin to invest in two port projects
(Dec 13, '05)

Maritime trade adds to tide of China's rise 
(Jul 23, '04)



 
 



All material on this website is copyright and may not be republished in any form without written permission.
© Copyright 1999 - 2006 Asia Times Online Ltd.
Head Office: Rm 202, Hau Fook Mansion, No. 8 Hau Fook St., Kowloon, Hong Kong
Thailand Bureau: 11/13 Petchkasem Road, Hua Hin, Prachuab Kirikhan, Thailand 77110