Shanghai and Zhejiang to co-develop new port in Yangshan
A port group in Zhejiang province has agreed to buy a 20% stake in a Shanghai International Port Group unit that will develop a new port area in the north of Yangshan deepwater port. The development will also include a free trade zone, among other facilities
The new box terminal is designed to handle feeder ships and barges, especially those from the Yangtze River, which runs through one of China’s richest hinterlands
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