SIMIC

Xinhua reported that the port in the south China Guangxi Zhuang Autonomous Region crossed the mark for the year, seeing an 18.8 per cent year-on-year increase on containers compared to 2020.

Xinhua said that this was the first time the port has reached more than six million containers, following five consecutive years of double-digit growth.

Beibu Gulf Port Group added that the port's leading source destination of goods is the Regional Comprehensive Economic Partnership (RCEP) - the world's largest free trade agreement, connecting countries including Australia, China, Japan, and New Zealand.

The RCEP agreement came into effect on 1 January 2022, allowing more than 90 per cent of merchandise trade among members to be eventually subject to zero tariffs.

The port also set up 12 new shipping routes in 2021 to accommodate the growth in capacity. Beibu Gulf Port has more than 270 productive berths to connect to more than 300 ports around the world.

Chinese ports on the whole have reached 259.7 million TEU in the period of January to November 2021, a year-on-year increase of 7.2 per cent. Beibu Gulf Port has seen one of the largest increases in container throughputs throughout this period.