China's container throughput is expected to reverse its negative growth last year and rise around three percent this year according to Fu Yuning, president of China Merchants Group, Xinhua reported.
Statistics from the Ministry of Transport show China's major ports handled 121 million TEUs of containers in 2009, down six percent year on year. The figure has rebounded since second half of 2009 as a result of global economic recovery.
Container throughput may rise to 125 million TEUs this year, three percent higher than last year, Fu estimates.
Despite the increase, China's port industry is unlikely to return to the prosperity of 2001 to 2007 given the long term trend of slowing growth in China's foreign trade.
Cargonews Asia
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