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Industry

China to launch port performance appraisal system soon

November 29, 2018


Abstract : China is working on a port performance appraisal system which is expected to be launched early next year, according to a seminar on port development recently held in Beijing.

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BEIJING, Nov. 29 (Xinhua) -- China is working on a port performance appraisal system which is expected to be launched early next year, according to a seminar on port development recently held in Beijing.

The port performance appraisal system, jointly developed by China's Waterborne Transport Research Institute (WTI) and the Xinhua-run China Economic Information Service, will cover about 40 coastal and inland ports in China, such as Shanghai port, Ningbo-zhoushan port, Shenzhen port, Qingdao port, Chongqing port, Nanjing portand Suzhou port.

Performance of these ports will be assessed in three dimensions such as size and position, operating efficiency and social contribution.

Xu Zuyuan, former vice minister of China’s Ministry of Transport, said that the system will be of positive significance on addressing common problems existing in the port sector in China.

As a major trading country in the world, China boasts seven of the world's top ten container ports.

However, Chinese enterprises are hardly found in the ranking of the world's major port operators due to their low operation efficiency, single business mode, poor profit-making ability and lack of say in the international business society, said Ning Tao, director of Centre for Economics, Policy and Development Strategy with WTI.

Ning noted that a scientific, comprehensive, impartialand and resonable port performance appraisal system will help promote high-quality growth of China’s port development.

The appraisal system to be launched soon will be taken as an innovative initiative to conduct in-depth quantitative analysis of the port sector in China, said Niu Xiaomin, director of the Maritime Information Department with China Ecomomic Information Services (CEIS). (Contribued by Ma Huan Yu, Edited by Jiang Feifan, Zhang Aifang) 

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Keyword: transport-infrastructure China-port

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