The Shanghai Connection
Today, as mainland China deals directly with other countries for trade after the country's accession into the World Trade Organization, the role of Hong Kong as an export hub and Guangdong province (Pearl River Delta) as manufacturing base is gradually shifting toward central (Shanghai/Yangtze...
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Published in | World Trade Vol. 21; no. 3; p. 16 |
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Main Authors | , , |
Format | Trade Publication Article |
Language | English |
Published |
Troy
BNP Media
01.03.2008
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Subjects | |
Online Access | Get full text |
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Summary: | Today, as mainland China deals directly with other countries for trade after the country's accession into the World Trade Organization, the role of Hong Kong as an export hub and Guangdong province (Pearl River Delta) as manufacturing base is gradually shifting toward central (Shanghai/Yangtze River Delta) and north (Beijing-Tianjin/Bohai Bay area) China. Shanghai is now the largest port in the world by tonnage, and the third largest port by container throughput. From 1992 to 2002, investors poured six billion dollars into development at the port. Shanghai, the "laboratory for China's ports," has become much easier to do business with. Customs has launched an e-port initiative and waits and delays have been drastically reduced. The opening of the Shanghai Yangshan deepwater port has prompted expansion and construction at competing ports such as Ningbo. There is a wide range of third party logistics companies that can assist with multi-modal shipments and complete logistics solutions in and around Shanghai. |
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ISSN: | 1949-9140 2151-9277 |