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High-yield smart fish farming ship undocks in East China

BEIJING -- China's first 100,000-tonnage smart fish farming ship completed its undocking and launching successfully in the eastern city of Qingdao, after nearly 400 days of construction.The ship, code……

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Africa eyes transport to spur jobs bonanza

​Africa's transport sector is expected to strongly benefit from a free-trade deal being bedded down across the continent, with projections of 160 million new jobs if countries exploit the agreement's……

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China's container giant forecasts massive surge in profits

Shipping Container Ship arrives at Yangshan port in Shanghai on Feb 20, 2021.BEIJING -- COSCO Shipping Holdings Co Ltd (COSCO Shipping), one of the largest container carriers worldwide, forecast soari……

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IMF chief calls for policy agility, global cooperation to navigate economic 'obstacle course'

leaving a container terminal in Lianyungang, East China's Jiangsu province.WASHINGTON -- Kristalina Georgieva, managing director of the International Monetary Fund (IMF), on Thursday called for mo……

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China remains world's leading shipbuilder in 2021

China's first domestically made cruise ship conducts its first floating in the shipyard of Shanghai Waigaoqiao Shipbuilding Co Ltd in December.BEIJING -- China's shipbuilding sector continued……

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China's cargo, container throughput see steady growth in 2021

An aerial view of the container dock of the Qinzhou Port section of China (Guangxi) Pilot Free Trade Zone in Qinzhou, South China's Guangxi Zhuang autonomous region.BEIJING -- Cargo and container……

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Lifting tariffs will benefit the world, says Commerce Ministry

A US cargo ship docks at the Qingdao Port, Shandong province.Removing additional tariffs will benefit not only China and the United States but also the world, Shu Jueting, spokeswoman of China's M……

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Measures focus on stabilizing foreign trade as tough year looms

A US cargo ship docks at the Qingdao Port, Shandong province.The central government has released a new set of measures to stabilize China's foreign trade, a key driver of economic growth, as offic……

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Guangxi at forefront of rising commerce with ASEAN nations

An aerial view of the container dock of the Qinzhou Port section of China (Guangxi) Pilot Free Trade Zone in Qinzhou, South China's Guangxi Zhuang autonomous region.Chinese exporters in the Guangx……

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Shanghai turning into global shipbuilding powerhouse

China's first domestically made cruise ship conducts its first floating in the shipyard of Shanghai Waigaoqiao Shipbuilding Co Ltd in December.Nation on cusp of intensifying efforts in domesticall……

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Land-sea freight service brings more goods to Chinese New Year market

NANNING - A freight train left the port of Qinzhou on the South China coast bound for the inland province of Yunnan on Saturday, loaded with goods such as sugar from Pakistan and coconut milk from Sou……

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China's Shandong reports foreign trade surge in 2021

A US cargo ship docks at the Qingdao Port, Shandong province.JINAN - East China's Shandong province saw its foreign trade surge 32.4 percent year-on-year to 2.93 trillion yuan ($460.7 billion) in……

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Yantai's Jan-Nov foreign trade value reaches 382.8b, sets new record

The coastal city of Yantai in East China's Shandong province recorded a total foreign trade value of 382.8 billion yuan ($60.35 billion) in January to November period in 2021, increasing by 34 per……

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China's FDI inflow up 14.9% to record high in 2021

A Container Ship docks in Qingdao Port, Shandong province, for unloading.BEIJING - Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 14.9 percent year-on-year to a rec……

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World's largest pile-driving barge with Beidou system delivered in E.China

The domestically designed and built, world's largest 140-meter-class pile-driving barge Yihang Jinzhuang, equipped with the Beidou Satellite Navigation System, was delivered in Nantong, East China……

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New type of bulk carrier successfully delivered

China State Shipbuilding Corp has delivered the first of a new type of Bulk Carrier to a buyer in Guangzhou, Guangdong province, the world's largest shipbuilder said.The ship, Emerald Putuo, was d……

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World's largest pile-driving barge with Beidou system delivered in E.China

The domestically designed and built, world's largest 140-meter-class pile-driving barge Yihang Jinzhuang, equipped with the Beidou Satellite Navigation System, was delivered in Nantong, East China……

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Heidmar, Capital Ship Management form joint venture

Capital Ship Management Corp. and Heidmar Inc have formed a joint venture combining the commercial strengths of the two organizations in the tanker industry.As informed, all 32 tankers managed by Gree……

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RCEP fuels new hopes for region's growth

As world's largest free trade deal now in force, analysts confident on gainsThe Regional Comprehensive Economic Partnership, which took effect on Saturday, will spur economic growth in the Asia-Pa……

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China surpasses South Korea as world`s No. 1 shipbuilder in 2021

The annual order volume of South Korean shipping companies had ranked first in the world since 2018, but was overtaken by China in 2021. Although South Korea has extended significant effort to remain……

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