China’s Shenzen rises to list of top 10 world ports

Shenzhen, China’s oldest special economic zone, is now in the world’s top 10 international container terminals after handling five million TEUs of freight in 2001, according China’s Xinhua news agency.<br>
<br>
Near Hong Kong, Shenzhen’s income from the container port contributed 13 percent to the city’s economic growth last year. <br>
<br>
The Shenzhen container terminal has had an average annual freight handling growth of 44.6 percent for five years. It now has 69 overseas routes and records a monthly run of 417 ships. The port is expected to receive investments of 15.65 billion yuan (about 2 billion U.S.dollars) in the next four years, most of which will be used to open ten new berths, which are to increase the container handling capacity of the port by another 1.6 million TEUs. <br>