COSCO Shipping: Make Good Use of Hong Kong's "Super Intermediary" Role

2023-07-14

July 11, 2023 is the 19th "China National Maritime Day", and this year's theme is "Sailing on the New Silk Road, Striving for a New Pattern". Zheng Xiaofeng, Deputy General Manager of the Public Relations Department of COSCO Shipping (Hong Kong) Co., Ltd. (hereinafter referred to as "COSCO Shipping"), said in an interview with GDToday and Nanfang+reporters that COSCO Shipping Co., Ltd. (hereinafter referred to as "COSCO Shipping Group") has actively used Hong Kong as a "super intermediary" and actively participated in the construction of countries and regions along the "the Belt and Road" in recent years, Assist in the transformation and upgrading of Hong Kong's shipping industry, and thereby form the agglomeration and adsorption effect of shipping elements, thereby enhancing Hong Kong's position as an international shipping center. As a state-owned super large enterprise directly under the central government, COSCO Shipping Group is the world's largest comprehensive shipping company, with routes covering over 160 countries and over 1500 ports. It has opened more than 1100 branches in over 70 overseas countries and regions, with nearly 1400 ships and a carrying capacity of 110 million tons. COSCO Shipping Hong Kong is a regional management company and Economic entity wholly-owned by COSCO Shipping Group, and also an important strategic deployment in COSCO Shipping Group's global service network. ▲ Zheng Xiaofeng, Deputy General Manager of the Public Relations Department of COSCO Shipping Group International (Hong Kong) Co., Ltd. "Hong Kong is a city born of a port, and to some extent, it can be said that shipping has shaped Hong Kong. Hong Kong's advantages of" relying on the motherland and connecting with the world "also give her unique advantages in shipping." Zheng Xiaofeng analyzed that with the support of the country, with the acceleration of the construction of the Guangdong–Hong Kong–Macao Greater Bay Area, Hong Kong's international shipping competitiveness is becoming increasingly evident. The advantage of "one country, two systems" has made Hong Kong one of the most free and open free trade ports in the world, and the only judicial jurisdiction in China that implements common law. Its judicial level is highly praised internationally. What impressed him even more was that Hong Kong has a diverse and inclusive cultural heritage, and many people are willing to come to Hong Kong to seek business opportunities. Shipping is an industry closely related to human flow and logistics, and Hong Kong has so many advantages that it provides huge development opportunities for the shipping industry. Zheng Xiaofeng said that in recent years, COSCO Shipping Group has continued to make good use of Hong Kong's advantages and accelerated the development of international shipping business. It not only operates two terminals in Hong Kong, but nearly half of its ships are registered in Hong Kong. The group has 65 international container routes in Hong Kong, The throughput in Hong Kong consistently ranks first in Hong Kong. Zheng Xiaofeng said that COSCO Shipping Group firmly grasped the development opportunities of the Guangdong–Hong Kong–Macao Greater Bay Area, gave full play to the role of Hong Kong as an international container transit port, consolidated and upgraded the status of Hong Kong as an international shipping center, and helped Hong Kong actively integrate into the national development. In the future, the group will further strengthen the aggregation of route laying and support Hong Kong's role as a container shipping hub, based on its existing self owned and alliance routes connecting to Hong Kong; Promote the registration of more ships under its umbrella in Hong Kong, consolidating Hong Kong's position as the world's fourth largest place of ship registration; Connect the development strategy of the Guangdong–Hong Kong–Macao Greater Bay Area, and promote the upgrading and connectivity of logistics infrastructure in the Greater Bay Area; Relying on the COSCO Shipping Industry Cluster, assisting in the transformation and upgrading of Hong Kong's international shipping center, and thus forming shipping

Edit:XiaoWanNing    Responsible editor:YingLing

Source:GDToday

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