OREANDA-NEWS. March 20, 2012. Mr. Chen made the speech when he attended the NPC & CPPCC conference in Beijing, reported the press-centre of SPICT.
 
In order to boost Shanghai International Shipping Center construction, he suggested to develop Yangshan Deepwater Port to lead the improvement of China’s coastal ports for international transshipment business; to extend business into international market; to push shipping service development and exert function of Shanghai Shipping Exchange; and to develop cruise business.
 
When talking about the volume prediction, he said, “This year we will face challengers from rising cost, in addition, shipping capacity problem will also bring uncertainty to the whole business, while freight rate will have a restoration this year.”  He predicted the whole shipping industry will have a growth rate of 5% to 6 %.