The annual cargo throughput of China’s busiest port, the Port of Ningbo Zhoushan in the eastern province of Zhejiang, reached a record high of 1.2 billion tonnes in 2021, up 4.4 percent year on year, the provincial port and navigation management center said Friday.
The port has held the world’s highest cargo throughput record for 13 consecutive years, while its container throughput surpassed 31 million twenty-foot equivalent units (TEUs) in 2021, ranking third globally, an 8.2 percent year-on-year increase.
By the end of 2021, the sea routes of the port totaled 287, with an increase of 27 routes from the end of 2020.
The Eurasian landbridge has contributed to increased sustainable connectivity between the EU and China during the decade of the 2010s. Felicitously, this market-driven development preceded, and also complemented, major foreign economic policy announcements by China and the EU and reinforces their goal of increased connectivity. The resulting connectivity is likely to survive any bilateral political debacles because the economic foundation is strong
Main insights for the second half of January 2025
