Qingdao port's foreign trade up 21 percent in the first two months of 2010

Keywords Qingdao port's foreign trade   Date Saturday, March 06, 2010   From Chinahourly    Views

Qingdao port, the second largest port in China's foreign trade has seen foreign trade cargo handling up 21 percent over the previous year in the first two months of this year, the President said the port Thursday.

Government revenues from the port in January and February rose by 10 percent, a trend that should continue in the first half of this year, said Dechuan Chang, president and chairman of the Port of Qingdao, in an interview with Xinhua.

It gave details of the flow of revenue.

Since 2001, the total energy consumption per unit of Qingdao port was 30 percent, while the rate has tripled,  said Chang.

Led by improving energy efficiency in a series of government measures such as tax breaks and subsidies to develop the low carbon economy.

Qingdao Port, the largest foreign trade port in the country for the container, iron ore and oil, working in a total capacity of 315 million tonnes in 2009 to 5 percent for the previous year, according to the Ministry of Transport at the end of December.

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