Official: Shanghai port to see 10 percent growth in TEUs
Monday, March 24th, 2008 
SHANGHAI, Mar. 24 - The container throughput of Shanghai’s seaport is expected to see stable growth of about 10 percent a year until 2010, said a port administration official at the China Ports Future Forum in Shanghai on Friday.
This projected growth is attributed to the booming economy in the Yangtze River Delta and preparations for the 2010 Shanghai World Expo said the director-general of the municipal port administration, Xu Peixin.
According to Xu, “high value-added port services will be the key focus, supported by the government’s investment and financial policies” for future development of the port.
According to statistics published by China Daily, container throughput at the port rose to 560 million tons last year, up 4.2 percent from 2006. Last year Shanghai’s cargo shipments increased by 26.15 million TEUs, moving it passed Hong Kong as the world’s second-largest container seaport after Singapore.
Xu said forward-looking policy measures for the port will include a more diversified investment strategy to enhance its competitive edge.








SHANGHAI, Jan. 29 - The biggest winter storm to hit many parts of eastern China in 50 years brought down buildings, closed train stations and left millions stranded throughout the country just days ahead of the biggest holiday season.
SHANGHAI, Dec. 11 - Chongming Island, China’s third-largest island and designated for ecotourism development, looks likely to become the site of a new Disneyland after 2010.
This is the second cargo brand to invest in the airport, after UPS announced plans to build its own 96,000 square meter hub by next year, making it the first in the world to be equipped with two international cargo hubs.
SHANGHAI, Oct. 10 - The central government has given the Beijing-Shanghai high-speed railway the green light according to a notice posted on the National Development and Reform Commission’s 

