GUANGZHOU - A MARITIME GATEWAY
The city of Guangzhou, China is known for being a major port city with an extensive history reaching back to the Qin dynasty period. As one of China’s largest maritime cities, its location in the Pearl River Delta region with close proximity to Hong Kong and Macau makes it one of the most dynamic centers for foreign trade.
The Ministry of Industry in China is committed to further strengthen the shipbuilding industry; being listed as one of the key industries in China. According to Citi Research, the maritime industry in this region have posted strong growth year-on-year with the Pearl River Delta (PRD) container terminals growing 10.1%, foreign container throughput growing 15.5% and foreign container trade growing 38.8%.
Chen Jianhua, the mayor of Guangzhou, has revealed during a news conference held on February 6, 2015 that the provincial government aims to develop its Nansha district, located centrally in the Pearl River Delta, with close proximity to the Hong Kong and Macau region. This newly-approved free trade area will be developed into an international shipping and logistics center to help expand the Chinese economy, developing Guangzhou further as a shipping hub.