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Ningbo Zhoushan Port demonstrates resilience amid trade challenges

China

China

China

Ningbo Zhoushan Port demonstrates resilience amid trade challenges

2025-05-02 16:22 Last Updated At:16:37

Ningbo Zhoushan Port in east China's Zhejiang Province is demonstrating resilience in the face of U.S. tariffs by launching new trade routes and adapting swiftly to evolving market demands.

Ningbo, a hub for international trade, has further strengthened its position by embracing innovative solutions such as direct maritime routes and enhanced connectivity to Europe.

Building on this resilience, Ningbo Zhoushan Port unveiled the "China-Europe Express" in December 2024, a direct maritime route to Europe offering seamless "point-to-point" service. This innovation not only slashes shipment times but also reinforces the port's adaptability to global trade challenges.

"Previously, cargo shipped from Hefei City in east China to Europe went through the China-Europe Railway Express or traditional sea routes, which took about 40 days. Now, it only takes 27 days on the Anhui-Ningbo-Europe express route," said Gu Xuhui, marketing director for Zhejiang Seaport Logistics.

The express route connects the "China-Europe Express" with a freight railway from east China’s Anhui Province to facilitate more exporters.

Europe has become one of the major destinations for the port.

"Between January and April, we handled 1.31 million twenty-foot equivalent units (TUEs), up six to seven percentage points year on year," said He Binli, vice manager of Operations with Ningbo Daxie Container Terminal.

While the port is fully prepared for potential foreign trade fluctuations, exporters in the city are also shifting their focus to other markets.

Xu Ziyang, a seasoned medical equipment exporter, began preparing as early as 2017, driven by concerns over U.S. President Donald Trump’s policies towards China.

"[U.S. tariffs] have had little impact on us. In fact, we started adjusting back in 2017 to 2019, during his previous term. We aligned with China’s national strategy to expand into Belt and Road countries, as well as South American and African markets," said Xu, general manager of Ningbo Greeted Medical Instruments.

Xu’s sales jumped by 12 percent in 2024, and he expects continued growth this year.

Ningbo Zhoushan Port demonstrates resilience amid trade challenges

Ningbo Zhoushan Port demonstrates resilience amid trade challenges

Visiting Chinese Foreign Minister Wang Yi said Saturday China is willing to work with Lesotho to strengthen exchanges on governance experience, enhance coordination in multilateral affairs, and advance the China-Lesotho strategic partnership.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks when meeting with Lesotho Prime Minister Sam Matekane in the capital of Lesotho.

During the meeting, Wang congratulated Lesotho on the 60th anniversary of its independence this year, and spoke highly of Lesotho government's efforts to prioritize economic development and steer the African country onto a path of sustainable growth. Since the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) in 2024, the two sides have advanced cooperation under the 10 partnership action plans unveiled at the summit, successfully implementing a number of key projects to effectively promote Lesotho's development and revitalization, Wang said.

China stands ready to work with Lesotho to strengthen exchanges on governance experience, enhance coordination in multilateral affairs, and push for greater development of the China-Lesotho strategic partnership, he added.

Calling on the two sides to firmly support each other, Wang said that China will accelerate the implementation of its zero-tariff policy for African countries, including Lesotho, expand bilateral trade, investment and industrial cooperation, facilitate broader access of Lesotho's specialty products to the Chinese market, and continue to support Lesotho's national development.

China will continue to stand firmly with African countries, uphold justice for the Global South, including Lesotho, oppose unilateralism and acts of bullying, and work together to build a community with a shared future for humanity, Wang said.

On his part, Matekane said during the meeting that Lesotho cherishes its friendship with China and the strategic partnership between the two countries, and expressed gratitude for China's valuable support for the development of African countries, including Lesotho.

Lesotho firmly adheres to the one-China principle and resolutely supports China in safeguarding its core interests, he said, noting that his country stands ready to strengthen strategic mutual trust with China, expand people-to-people exchanges, jointly implement the outcomes of the FOCAC Beijing Summit, and deepen cooperation in areas such as infrastructure, manufacturing and energy.

Matekane stressed that China's zero-tariff policy for African products will inject new impetus into Lesotho's development. He also expressed Lesotho's willingness to strengthen solidarity and cooperation with China on multilateral platforms such as BRICS to jointly address global challenges.

On the same day, Wang also held talks with Lejone Mpotjoana, minister of foreign affairs and international relations of Lesotho.

China, Lesotho to strengthen exchanges, advance cooperation

China, Lesotho to strengthen exchanges, advance cooperation

China, Lesotho to strengthen exchanges, advance cooperation

China, Lesotho to strengthen exchanges, advance cooperation

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