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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Illustration of China's record Q1 foreign trade growth, depicting a busy port with ships, cranes, and surging trade graphs.
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China's Q1 foreign trade up 15%, fastest in five years

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China's foreign trade reached 11.84 trillion yuan ($1.63 trillion) in the first quarter of 2026, up 15% year on year, the fastest quarterly growth in nearly five years, officials from the General Administration of Customs announced on Tuesday. Exports totaled 6.85 trillion yuan, up 11.9%, while imports rose 19.6% to 4.99 trillion yuan. The figure marks the first time first-quarter trade has exceeded 11 trillion yuan.

Tianjin Binhai New Area marked its 20th anniversary this week. The port district has grown into a major gateway with nearly 800 billion yuan in annual GDP.

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China began construction on Monday of a major waterway project that includes what is expected to become the world's largest inland ship lock, to meet rising shipping demand on the Yangtze River.

Beijing will unveil implementation details as early as mid-June for a policy allowing Hong Kong-registered yachts easier access to designated mainland ports in the Greater Bay Area.

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Chinese officials and executives highlighted plans to ease market access and expand services sectors at a business conference ahead of an APEC trade meeting in Suzhou.

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