Domestic trade to help growth of Chinese ports
DOMESTIC container shipping will be China ports' growth engine as the pandemic impacts on international trade, according to the China Ports and Harbours Association's secretary-general, Ding Li
DOMESTIC container shipping will be China ports' growth engine as the pandemic impacts on international trade, according to the China Ports and Harbours Association's secretary-general, Ding Li.
Speaking at a recent industry conference in Ningbo, Mr Ding said: 'The new growth points are centred around the domestic market. Ports serve the economy and the flow of goods. Even as imports and exports are slowing, the movement of goods within the country continues.'
With people less inclined to leave home, e-commerce sales are rising. As commercial aviation has ground to a halt, e-commerce retailers are turning to shipping to fulfil transportation requirements.
'Ports serve the real economy and trade in goods. Faced with the complex internal and external situation, it's necessary to control the pandemic and ensure the smooth flow of international and domestic logistics chains.'
Container volumes in China will continue to recover moderately in the second half of the year, said Mr Ding. Taking into account the impact of the Covid-19 pandemic in the first quarter of 2020, full-year volumes are expected to drop by about 3 per cent compared to last year.
However, recently issued Ministry of Transport guidelines have driven technological innovation of transport infrastructure, including a shift towards smart ports.
'Ports are gradually changing from a labour-intensive industry to a technology-intensive industry,' Mr Ding noted.
Current developments viewed in the context of the application of the Internet of Things (IoT), shows China's port construction is 'undergoing a transformation and upgrading towards digitalisation and automation,' he claimed.
The secretary general believes the development of smart ports has become more rapid as a result of Covid-19, both in coastal and inland ports, UK's Container News reported.
'5G will definitely enhance the dimension of smart port construction and make it possible to enrich the content of smart ports,' he said.