BRI NEWS Video: Yangpu Economic Development Zone

BRI NEWS

Video: Yangpu Economic Development Zone

hiHainan

12:25, July 21, 2020

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Yangpu Port is vital to real economy development and the opening up of Hainan.

Yangpu Port is richly endowed with a deep-water, silt-free harbor with a 68 kilometer long coastline.

As one of Hainan’s main ports, Yangpu Port can be used for over 300 days throughout the year.

22 international trade shipping lanes have been opened in Yangpu Port so far.

In the first quarter of 2020, Yangpu Port’s throughput reached 12.37 million tons, up 3.5% year-on-year.

In the first quarter of 2020, 144,000 containers were loaded and unloaded at Yangpu Port, an increase of 2.98% year-on-year.

The gross import and export value in the first quarter of 2020 is expected to reach 1.12 billion yuan, a year-on-year increase of 3.9%.

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Ships are busy loading and unloading at a port in Yangpu Economic Development Zone. (Photo: WeChat account gjlydsb)

Yangpu Economic Development Zone is the first national-level development zone in China that is developed by foreign investors and enjoys the policy of the bonded area. It was listed as a "new industrialization demonstration base (petrochemical)", a "national cyclic transformation pilot demonstration park" and a “national green park”.

The park focuses on oil and gas chemicals, oil and gas reserves, commodities and international energy trading, international port and shipping logistics, and marine equipment.

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