Shanghai sets target to build international shipping hub

Shanghai is shifting from scale expansion to capacity enhancement to build an international shipping center during the 15th Five-Year Plan period from 2026 to 2030.

The port of Shanghai, the world's largest container port for 16 straight years, handled 55.06 million TEUs in 2025. It aims for an annual throughput of 58 million TEUs during the plan period.

Chu Beiping, president of Shanghai Maritime University, said at a recent forum that talent supply, rule-making capacity and international discourse influence are key to elevating the center's status.

The university launched China's first undergraduate program in international cruise management in 2025, enrolling 31 students to address a shortage of high-end maritime talent. Dean Wu Xianhua noted the program integrates industry and education to build practical skills, language proficiency and an international outlook.

Liu Xin, director of the Transport Planning and Research Institute, stressed that Shanghai must strengthen facility resilience, global resource allocation, intelligent green development and financial legal support.

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Premier Li Qiang delivered the government work report to China's National People's Congress on March 5, 2026, setting a 2026 GDP growth target of 4.5-5% and outlining priorities for the 15th Five-Year Plan (2026-2030), including technological innovation, economic security, public well-being, energy production and decarbonisation. The report announced 20 growth targets across economy, technology, healthcare and more, plus 109 major projects in six areas—up from 102 previously—to support doubling 2020 per capita GDP by 2035.

China's Ministry of Transport and three other government bodies have released an action plan to deeply integrate artificial intelligence into the shipping industry by 2027, including at least three pilot zones and more than 100 smart vessels. The strategy aims to bolster maritime operations and address bottlenecks amid global competition. By 2030, Beijing seeks to fully master key technologies and achieve a globally advanced level.

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Shanghai's municipal government held a news conference to announce the start of the 2026 Shanghai Global Investment Promotion Conference on March 14, lasting a week. The event aims to enhance the business environment and government services to build stronger industrial chains. Officials and executives highlighted new platforms for emerging technologies to attract investments.

Li Yanqing, executive vice-president and secretary-general of the China Association of the National Shipbuilding Industry, stated in an interview that the US attempt to revive its shipbuilding sector overnight through investment alone is unrealistic, calling US port fees 'absurd' and politically motivated. China's market lead in shipbuilding remains solid despite global fluctuations.

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Djibouti’s Doraleh Multipurpose Port, the country’s largest facility, has stated it has enough capacity to handle an influx of cargo vessels rerouted due to the Persian Gulf conflict. Ships diverting from Jebel Ali Port are joining regular Ethiopian transit and transshipment operations without causing congestion. Officials emphasized ample storage and berthing space during a visit on April 7.

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Hainan Free Trade Port has attracted 737 new foreign-funded enterprises in the 100 days since launching independent customs operations, up 33.5% year-on-year. The Hainan Provincial Department of Commerce reported 441 new firms and 4.05 billion yuan ($586 million) in utilized foreign investment in the first two months of 2026. Several international companies have established operations there.

 

 

 

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