Yangtze set to transport more freight
Source: Xinhua |
March 9, 2011, Wednesday
|
Print Edition
Print Edition
CHINA plans to get more freight moving along the Yangtze River to allow industries to prosper on the banks of the country's longest waterway connecting Shanghai to the nation's vibrant western economic regions, analysts said yesterday.
The 6,418-kilometer river is already the world's busiest freight waterway for the sixth straight year. About 1.5 billion tons of cargo were transported on the Yangtze and its tributaries last year, figures released by transport authorities showed.
Two-fifths of China's top 500 companies are located along the Yangtze and most of the industrial materials used by these companies are carried by river freight, said Tang Guanjun, head of the Yangtze Navigation Administration, Ministry of Transport.
The State Council, China's Cabinet, has set a goal to raise the country's inland river freight capability to 3 billion tons per year by 2020. This means the average tonnage for cargo ships moving on the Yangtze is set to almost double to 1,600 tons by the end of 2015, Tang said.
The 6,418-kilometer river is already the world's busiest freight waterway for the sixth straight year. About 1.5 billion tons of cargo were transported on the Yangtze and its tributaries last year, figures released by transport authorities showed.
Two-fifths of China's top 500 companies are located along the Yangtze and most of the industrial materials used by these companies are carried by river freight, said Tang Guanjun, head of the Yangtze Navigation Administration, Ministry of Transport.
The State Council, China's Cabinet, has set a goal to raise the country's inland river freight capability to 3 billion tons per year by 2020. This means the average tonnage for cargo ships moving on the Yangtze is set to almost double to 1,600 tons by the end of 2015, Tang said.
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