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Freight, financial ambitions taking flight

By Shi Jing in Shanghai | China Daily | Updated: 2012-08-18 07:48

Freight, financial ambitions taking flight

A glance at the ships traveling to and from the Shanghai International Port makes it clear that the city is approaching its goal of growing into a global shipping hub by 2015.

A 2009 State Council report that included guidance for establishing an international financial and shipping center in Shanghai gave the local government substantial support to help the city realize its industrial transformation.

The municipal government also came up with a plan to advance the process, by gathering important shipping and resources elements and establishing a comprehensive shipping-service system.

Freight, financial ambitions taking flight

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