Shanghai Port became the first in the world to see the annual container throughput exceed 50 million 20-foot equivalent units (TEUs) on Sunday.
The port has ranked first globally for 14 consecutive years in terms of annual container throughput.
According to Yang Yanbin, deputy general manager of the production and business department of the Shanghai International Port (Group) Co., Ltd (SIPG), the growth of container throughput indicates that China’s complete industrial system and manufacturing capability continue to empower global trade.
Seen as a window of China’s opening up and collaboration with the world as well as an engine boosting trade and exchanges, Shanghai Port saw its annual container throughput top 1 million in 1994.
Yang noted that the growth in container throughput at Shanghai Port was driven not only by the rise in export-heavy containers but also by an increase in international transfer containers and ship-to-ship transfer volumes.
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