Port of Shanghai ‘a microcosm’ in understanding the importance of China’s economic recovery from COVID-19
By Yang Hui, Published: 2020-11-03 18:47:26
Photo: Yang Hui/GT
Editor's Note:
Busy port, numerous containers, dozens of autonomous vehicles help load cargos... such a scenario vividly reflects how China’s quick recovery from COVID-19 is now serving the demand of the world. As the world’s largest manufacturer and consumer market, China has recorded positive growth in trade in recent months. As a result, the port of Shanghai saw record high container volumes in Oct, exceeding 4 million TEU.
The port saw a large number of containers shipping between Shanghai and ASEAN countries since beginning of this year, followed by other major trading partners of China, including the US, and EU.