when the waves calm down the world is
about to reboot
this is china's ports
china's economy is ranked number two in
the world after the united states
but china has been the world's biggest
exporter of goods since
2009. by 2028
china will overtake the united states to
become
the world's biggest economy five years
earlier
than previously estimated due to the
contracting recoveries
of the two countries from the world
pandemic
china is the world's largest
manufacturer in terms of output and has
gained a reputation
as the world's factory china has since
become a world leader
in manufacturing of steel car parts
chemicals
electronics and robotics so there is no
surprise
that eight of the busiest container
ports in the world
are in china the country's coastline is
dotted with numerous harbors
and small ports that deal in trade
fishing and
containerized goods shipping is
responsible for 90 percent of the world
trade
topping the export lists were mobiles
with over 12 billion dollars worth
computers 9 billion integrated circuits
another 5 billion
other clothing articles were over 4
billion
with the start of the pandemic demand
for chinese made personal protective
gear
and work from home devices surged now
that
is a lot of electronics
the shanghai port are you ready for it
is considered the world's
fastest growing economy the port of
shanghai
is the busiest port in the world in
terms of cargo tonnage
it's staggering to think that when the
port first started operations 40 some
years ago
it had a handling capacity of less than
8 000 teus
container traffic in 2019 was 43.4
million teu
this can be compared to the busiest
container port in the united states
los angeles where 9.3 million teus
were transported through 2019.
you may ask what is a teu well
it's a 20-foot equivalent unit or an feu
is a 40-foot equivalent unit cars china
remains the world's largest automotive
manufacturing country
and automotive market since 2009. in
2018
annual vehicle production in china
accounted for over 30 percent
of worldwide vehicle production which
exceeds that of the european union
or that of the united states and japan
combined
in 2019 approximately 21.36 million
passenger cars
and 4.36 million commercial vehicles
have been produced in china
goods like cars and other products are
transported to the port
the combination of rail road and port
surfaces
as well as the use of modern containers
offer many advantages
however rail cargo demand in itself is
being driven by sky-high
air freight rates which most of the
long-haul passenger fleet is still
grounded
china railway express the operator of
the international network
reported running more than 3 000 freight
trains between china and europe
in the first nine months of 2020 and 80
increase over the same period in 2019
but half of chinese exports by value in
2019
were delivered to fellow asian countries
while 20
were sold to north american importers
china shipped equally as much
to clients in europe so you may ask what
are china's top imports
well they are mostly commodity imports
like crude petroleum
200 billion iron ore 60 billion
petroleum gas
44 billion gold 37 billion
and soybeans at 34 billion dollars what
are these little boats we see guiding
these giant ships
these are the underestimated escort tugs
which provide immediate assistance to
giant container vessels
and are an essential part of port
operations
without it a mega ship simply cannot get
into the port
and with ships growing larger and larger
in history the task
is more difficult than ever
the shipbuilding industry of china is
also very strong and it is the world's
largest shipbuilding nation
having overtaken south korea
growing competitive forces affecting
ports emphasize the needs for greater
performance levels that extend
beyond criteria such as optimization of
operations
cost reduction time efficiency and trade
promotion
more and more ports are expected to
improve performance in other areas
security safety resource conservation
environmental protection
with the implementation of 5g into the
cargo industry
asset tracking is finally made easy with
so many companies doing trade around the
world
it gives them the ability to know where
their assets are
at any given time with this technology
now more than ever china's 5g investment
is about to pay off