Cargo handled at major ports dips 1.9% in April

Source: Xinhua | May 7, 2009, Thursday |

Print Edition

CARGO throughput at main ports across China was estimated to reach 500 million tons in April, representing a decline of 1.9 percent from a year earlier, a primary calculation conducted by the Ministry of Transport showed yesterday.

Daily throughput was expected to be 3.2 percentage points higher compared with March, the estimation showed.

Cargo throughput for domestic trade will likely come in at 340 million tons in April, up by just 0.1 percent compared with the same period last year, the first year-on-year increase in 2009, according to the transport ministry.

The ministry attributed the growth to government measures to revitalize domestic demand since late 2008, such as the 4-trillion-yuan (US$586 billion) stimulus package and support plans for the country's 10 key industries.

However, cargo throughput for foreign trade would fall nearly 6 percent year on year in April to 160 million tons due to a shrinking international market, the ministry said.

The ministry estimated that sea-borne container throughput at main ports in China would be about 9.2 million containers, a 13.4 percent drop from a year earlier.

Transport

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Cargo handled at major ports dips 1.9% in April

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