Quotable quotes from the 2023 Boao Forum

Feng Bo, vice-president of Shanghai-based China COSCO Shipping Corp Ltd

China COSCO Shipping Corp Ltd has made great progress in the process of international development. More than 60 percent of the company's income comes from places outside China.

In terms of the Belt and Road construction, the resource input of the Belt and Road accounts for 60 percent of the company. In terms of wharf construction, the global container throughput is 135 million TEUs, ranking first in the world.

The supply chain serves the industrial chain and no matter how the supply chain is transferred, service and capacity-building should be transferred simultaneously. The signing of the RCEP provides a good opportunity in terms of policies and tariffs, and the company plans to develop in Southeast Asia and emerging markets.