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'China to build more Belt and Road transport networks'

Vice Minister of Transport Fu Xuyin said on Monday that the nation will keep building transport networks with Belt and Road countries, while continuin...


  • Nov 18 2024
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'China to build more Belt and Road transport networks'
'China to build more Belt and Road transport networks'

Vice Minister of Transport Fu Xuyin said on Monday that the nation will keep building transport networks with Belt and Road countries, while continuing its internal reform of logistics and transport to lower costs. He made the comment while giving a speech at the Asian Logistics, Maritime and Aviation Conference in Hong Kong. The official said international supply chains are under duress amid global uncertainties, in part arising from geopolitics and trade protectionism. And Hong Kong, Fu said, will continue to play a key role in stabilising global supply chains through its logistics, maritime and aviation developments. "We will continue to strengthen the shipping cooperation between the mainland and Hong Kong, consolidating and enhancing the SAR's status as an international shipping centre," he said. "We will facilitate Hong Kong's deeper integration into the country's overall development, and better utilise its advantages of having the motherland's backing and its connectivity to the world, so as to contribute globally in trading and shipping." Speaking at the same event, Acting Chief Executive Eric Chan said the airport's third-runway system to be launched later this month will be a game-changer because it'll bring extra capacity. He added that the government envisages Hong Kong rising as a green and smart port, as it outlined in its plans to develop the SAR into a green maritime fuel bunkering centre.

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