The Impact Of Global Trade Slowdown On China'S Ports Is Too Strong.

From the window of Zhong Huixian's office, the container port in Hongkong is bustling. It will pport Chinese made products and other goods to all parts of the world.

But Zhong Huixian, chairman of the Hongkong container terminals Association, acknowledged that the global slowdown, China's no longer vigorously developing low-cost manufacturing and increased competition from larger ports in mainland China are causing serious impact on Hongkong.

The mainland's ports are also seriously affected by the global slowdown.

China has 7 of the 10 busiest container ports in the world.

As shipping companies have integrated to ease the impact of the downturn, analysts are worried that the increased bargaining power of shipping companies will exacerbate the difficulties of port operators.

At the same time, due to the weak economic environment and China's high-end

The structural pformation of the world's largest exporter is expected to be under pressure.

The Chinese government is investing huge sums of money in supporting factories to produce high-tech products, such as smartphones and computer chips, which occupy less space than furniture and shoes.

China's container exports dropped by 7% over the first 5 months of this year, which showed this trend.

There is still a serious problem of excess throughput in China's ports.

2013, China

The excess throughput is equivalent to 50 million 20 foot containers, which exceeds the total throughput of ports in Japan, Russia, Korea and Taiwan.

According to the International Transport Forum data, the surplus throughput capacity of Chinese ports will double in 2030, as local governments are competing to build larger and larger port facilities.