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English version of the International Shipping Hub Competitiveness Index Northeast Asia Report 2021 released

January 19, 2022


Abstract : The English version of the International Shipping Hub Competitiveness Index Northeast Asia Report 2021 was officially unveiled recently. Jointly contributed by China economic Information Service (CEIS) and Baltic Exchange, the report marks another world-class port and shipping evaluation index launched globally, aiming to evaluate the competitiveness of international shipping hubs in Northeast Asia and boosting their sound and sustainable development.

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Photo shows the cover of English version of the International Shipping Hub Competitiveness Index Northeast Asia Report 2021

BEIJING, Jan. 19 (Xinhua) – The English version of the International Shipping Hub Competitiveness Index Northeast Asia Report 2021 was officially unveiled recently. Jointly contributed by China economic Information Service (CEIS) and Baltic Exchange, the report marks another world-class port and shipping evaluation index launched globally, aiming to evaluate the competitiveness of international shipping hubs in Northeast Asia and boosting their sound and sustainable development.

With a vast area and abundant resources, Northeast Asia is among the regions of the most energetic economy, and serves as a prime mover of global economic growth. Official data in 2020 shows that four of the world's top ten cargo throughput ports are located in Northeast Asia,which lays the solid foundation for the first phase of the index to select Northeast Asia for the evaluation of the International Shipping Hub Competitiveness Index 2021. 

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Photo shows the Tiered Evaluation Results of Northeast Asia International Shipping Hub Competitive Index

Considering the factors affecting port container throughput and location, the index selects 17 Northeast Asia international shipping hub ports in China, Japan, the Republic of Korea (ROK) and Russia as research samples, and comprehensively evaluates international shipping from six primary indicators and 15 secondary indicators, respectively.

Based on the final evaluation results, the sample ports are divided into four tiers. For example, the Tire I comprise ports such as Qingdao and Pusan are indisputably the international shipping hubs in Northeast Asia with leading network connectively, operation performance and infrastructure scale.

With the respect to the infrastructure scale, Qingdao Port in east China's Shandong Province enjoys the most important advantage of infrastructure supporting capacity, while in terms of hub operation level, the port has the highest comprehensive operation level, followed by Pusan, Tianjin, Rizhao and Kwangyang.

As the pioneer of China's economic information service, the CEIS has been committed to expanding the formation of a series of international shipping indexes since it release the first "Xinhua Baltic International Shipping Center Development Index" in the shipping area in 2014, providing important reference standard for global shipping connectivity development. (Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com)

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Keyword: shipping Asia Northeast

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