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Shanghai Port remains world’s busiest for 14th consecutive year in 2023
Shanghai port
Dr.G.R.Balakrishnan Apr 05 2024 International Ports News

Shanghai Port remains world’s busiest for 14th consecutive year in 2023

Shanghai Port remained the world’s busiest container port for the 14th consecutive year in 2023, totaling 49.158 million TEUs, according to a press conference in Shanghai.

Shanghai is accelerating its role as international economic, financial, trade, shipping and scientific innovation centers to achieve a high-quality development, said Gong Zheng, its mayor.

Shanghai has attracted 1,771 licensed financial institutions, of which 548 were foreign-owned. The total international trade volume of goods at Shanghai ports hit 10.7 trillion yuan, accounting for 3.6 percent of the global total and maintaining first place among all cities.