Textile

China sees uptick in port activity in Q1 2024

07 May '24
1 min read
China sees uptick in port activity in Q1 2024
Pic: Adobe Stock

Insights

China has witnessed a significant uptick in port activities during the first quarter of the year, as reported by the Ministry of Transport. The data indicates a 6.1 per cent increase in total cargo throughput across the nation’s ports, reaching an impressive 4.09 billion tonnes.

This growth was particularly pronounced in the segment of foreign trade cargo, which surged by 9.5 per cent compared to the same period last year, amounting to approximately 1.31 billion tonnes.

Additionally, container handling showed a strong performance, with the ports managing 76.73 million twenty-foot equivalent units (TEUs), marking a 10 per cent rise year-on-year, according to Chinese media reports.

Fibre2Fashion News Desk (DP)