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2008

News

Yangtze cargo throughput up 11 per cent in 2009

6 January 2010
Figures from the Yangtze River Administration under the Ministry of Transport show that cargo throughput via the major ports along the Yangtze trunkline went up by 11.3 per cent last year to 1.13bn tons.

The upturn came on the back of the government’s Rmb4,000bn stimulus package designed to counter the effect of the worldwide economic downturn. Major infrastructure projects in the interior have been brought forward. Increasing demand for iron ore, steel, cement and other bulk cargo as a result of the accelerated investment is responsible for much of the increase in throughput, according to administration officials. Another factor is the continued relief efforts for the Sichuan earthquake, which happened in May 2008.

Throughput for containers in 2009 fell by 6.8 per cent over the previous year 6.48m teu. The decline is slightly better than the expected national average and resulted from strong domestic trade, said the administration.
     
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