China's port activity sees robust growth in Jan-May 2023

Furthermore, the ministry revealed that cargo throughput also witnessed an upward trajectory, registering a 7.9 per cent increase from the same period in the previous year. The total volume reached 6.75 billion tonnes.

Foreign trade cargo throughput at these ports showed an even greater increase, climbing 8.5 per cent year-on-year.

In the month of May alone, China’s ports saw a 9 per cent year-on-year rise in cargo throughput, while container throughput went up by 4.8 per cent. The strong data underscores the robust growth of China’s port activity and indicates a sustained recovery in its foreign trade amid a gradually stabilizing global economy.

ALCHEMPro News Desk (RKS)