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October 27, 2021

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City to host shipping forum next week

Shanghai will host a top global shipping forum next week to boost the global shipping industry and enhance international cooperation, both of which have been greatly impacted by the COVID-19 pandemic.

The North Bund Forum will be held along the Huangpu River waterfront in Hongkou District on November 3-5 with themes of “openness and tolerance, innovation and reform, cooperation and mutual benefit,” the city government said yesterday.

The main forum will invite officials from the Ministry of Transport, the Shanghai government and the United Nations as well as international maritime and civil aviation organizations along with famous economists to make speeches, said Zhang Wei, vice mayor of Shanghai.

Two additional forums will focus on international shipping and air transport, discussing the future sustainable development of the industry amid the pandemic. Five other forums will be about the environment, technology, safety, law and financial insurance.

A series of contracts and cooperative events will be launched at the forum, said Zhang. As a highlight, the 2021 Shanghai Declaration will be released to encourage the global shipping sectors to fight against the pandemic and contribute to global economic recovery.

About 150 guests will be invited to the forum, including one-third from abroad who can share their opinions through the Internet or complete the city’s strict quarantine process before attending the event.

“The forum held amid global economic downturn aims to enhance global cooperation and use the shipping industry to bridge global trade and boost the healthy development of the world’s economy,” said Zhang.

Furthermore, the forum is expected to become a new means of support for Shanghai’s ambition to become a leading global shipping center, he added.

Shanghai ports handled 43.5 million Twenty-Foot Equivalent Units last year, top for the 11th consecutive year. For the first time, the city was also among the top three shipping centers, the Xinhua-Baltic Exchange International Shipping Center Development Index revealed.


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