In November, the port throughput increased by the highest in the year

The statistics obtained by the Ministry of Transport on December 20 showed that the port transportation production in November continued the growth momentum of the previous month, and the total volume of goods handled by ports above designated size in China reached 840 million tons, a year-on-year increase of 8.7%. Among them, 560 million tons of coastal ports were completed and 280 million tons of inland ports were completed. From January to November, a total of 8.91 billion tons of ports were completed nationwide, a year-on-year increase of 6.9%.

In November, the growth of foreign trade throughput stopped falling and recovered, to a certain extent, the level of port production was improved. Although the growth rate of domestic trade throughput declined, it still maintained a double-digit growth, which was a major factor in the steady growth of port cargo throughput. Judging from the type of goods, commodities such as coal and iron ore have maintained steady growth. At the same time, container shipping is also relatively active. As a result, the port cargo throughput has continued to grow steadily at the end of the year, accelerating by 0.3 percentage points from the previous month, the highest level of growth during the year, and it has seen a good momentum of recovery for four consecutive months. The trend of macroeconomic stabilization and recovery.

It is worth noting that in November, the growth rate of China's social power consumption also hit a new high since March of this year, and showed an upward trend for two consecutive months. This further confirms that the Chinese economy has stabilized and recovered.

In terms of container ports, according to the statistics of the Ministry of Transport, in November, the national port handled 15.28 million TEU of containers, an increase of 9% year-on-year. Among them, 13.5 million TEUs were completed in coastal ports and 1.78 million TEUs were completed in inland ports. From January to November, the nation's ports completed a total of 146 million TEUs, an increase of 8.1% year-on-year.