The Yangpu International Logistics Center in western Hainan has officially started receiving large volumes of cargo along a new cross-border route from the large port city of Jinzhou in China’s Liaoning Province.
According to the local media, the first batch of more than 500 containers arrived on the island recently. It is expected that the new trade area will become a key link in the transportation of a wide range of products from Northeast China to Southeast Asia and vice versa.
This large-scale logistics program regards enterprises from various Chinese regions. According to Juan Feiu, deputy general director of Shanghai Panasia Shipping transport company, such a program with Hainan’s participation can significantly simplify international cargo transportation not only in the region, but also globally.
Yangpu plays a key role in the development of China’s transportation network. In 2019, the GDP of this economic region with more than 89,000 residents exceeded 26 billion yuan ($ 3.7 billion).
According to the “Comprehensive Plan for the Establishment of a New Integrated Sea and Land Corridor” of the Chinese State Committee for Development and Reform, by 2035, this port will become a key point for the distribution of goods from various regions of the country to Southeast Asia and Oceania, Europe and Northern America.
By 2025, Yangpu is expected to become a major regional transport hub with an annual flow of up to 5 million containers.
