China's Beibu Gulf Port sees cargo throughput rise in 2022

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China's Beibu Gulf Port sees cargo throughput rise in 2022

STORY: China's Beibu Gulf Port sees cargo throughput rise in 2022 DATELINE: Jan. 4, 2023 LENGTH: 00:00:58 LOCATION: NANNING, China CATEGORY: ECONOMY SHOTLIST: 1. various of Beibu Gulf Port STORYLINE: Beibu Gulf Port in China's Guangxi saw its cargo throughput rise 16.78 percent year on year to 7.02 million twenty-foot equivalent units (TEUs) of containers in 2022. With advances in the new land-sea transit routes in the western region and the Regional Comprehensive Economic Partnership (RCEP) agreement, the port has been making efforts to explore supply sources in the western region of China. Last year, the port opened 11 new container routes. It currently has 75 shipping routes, connecting almost all major coastal ports of the country, as well as ASEAN members. The port serves as an important transit point in the New International Land-Sea Trade Corridor, a trade and logistics passage jointly built by western Chinese provincial regions and Singapore. Xinhua News Agency correspondents reporting fr

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