| FRIDAY FEBURARY 25 2000 PUBLISHED BY CHINA DAILY | |||||
| CITY NEWS | |||||
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'No worry' on imported meat Infrastructure plans for 2000 released Festival travellers return New taxi service: minibuses for the disabled Coastal border control tightened Police raid nabs men in sex blackmail scam Bright lights, big city Spring period wine vessel from Shenshan Sexism at work |
Blue book predicts robust shipping CHINA'S first shipping blue book issued yesterday predicts that the nation's shipping business will be better than last year's as it enters the WTO. Major ports in China are expected to handle 1.35 billion tons of cargo this year, up about 5 per cent over last year. Of the figure, 450 million tons will be foreign trade. The book compiled by the Ministry of Communications and the Shanghai Shipping Exchange is China's first attempt to report on its water transport business to the overseas and domestic markets. The ministry conducted a nationwide survey of 23 provinces and municipalities last year to collect information on coal, ores, petroleum, containers, grain, chemical fertilizer and wood from 210 enterprises and government departments. The book said China is expected to ship 20 million 20-foot containers through its major ports this year, an increase of 30 per cent over last year. They will make up 95 per cent of the nation's total exported and imported containers, said Yao Weifu, deputy manager of the exchange's Information Department. A breakdown reveals that 56 per cent of the containers will be shipped for the Asian market, 20 per cent will be transported to and from North America and 19 per cent will be for Europe. Many projects to be launched in Northwest China will also be a stimulus to the shipping business, he added. For example, a 70-billion yuan ($8.5 billion) investment programme that includes 30 projects is being mounted in the Xinjiang Uygur Autonomous Region. Of the investment, 30 billion yuan ($3.6 billion) will be used to build highways and railways and 10 billion yuan ($1.2 billion) will be spent laying a natural gas pipeline from Xinjiang to Shanghai. Yao said as a major industrial city, Shanghai will demand more coal for its power stations but it will decrease consumption of coal for other uses. Shanghai port will import 34.7 million tons of coal this year from the Northern China and the Yangtze River reaches, up 2.6 per cent over last year. Copyright 2000 by Shanghai Star. All rights reserved. |
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