SPG announces throughput spikes for 2022

On last Dec 30, SPG's overall cargo throughput exceeded 1.6 billion metric tons and its container volume surpassed 37 million TEUs for 2022, up 6.4 percent and 8.7 percent year-on-year respectively, continuing to rank No 1 and No 3 globally. With its comprehensive competitiveness scaling new heights, SPG has achieved historical breakthrough and made solid steps toward its ambition of becoming a world-class sea port.

The 20th National Congress of the Communist Party of China reported that the country will develop the marine economy, protect the marine ecological environment, and step up efforts to build China into a strong maritime country. In March 2018, Chinese President Xi Jinping entrusted Shandong province with the political task of "attaching greater importance to develop knowledge on the ocean" and "speeding up the progress in the construction of world-class sea ports". In October 2021, Chinese President Xi Jinping once again gave important instructions on Shandong's development during his inspection tour in Shandong, thus navigating the route and direction forward for SPG's high-quality development.

In the face of this "must-answer question", SPG has posted an outstanding performance by handling 1.6 billion tons of cargo and 37 million TEUs of containers and turned itself into a world-class port conglomerate.

SPG has stayed committed to promoting the sea-land two-way development. On the sea side, SPG has opened 37 new shipping routes, bringing the total route number to 327, including 233 foreign trade routes, ranking No 1 in northern China in terms of route number and density. Overland, SPG has continued to improve its radiation force, launching 32 inland ports and 82 freight routes. Its sea-rail combined transportation capacity exceeded three million TEUs, ranking first in Chinese ports for several years in a row.

Port integration reform is the driving force for SPG to bring collective efforts together and advance efficient and sustainable development, which is also the greatest source for SPG to optimize resource allocation across more areas and shift growth drivers and accelerate development in a broader space.

With the successful completion of its breakthroughs in cargo and container throughput, SPG's pivotal role in connecting the northern and southern regions and linking the western and eastern areas and its position as a hub port have become even more prominent. This means that SPG is bound to realize a new leap-forward in its journey of building into an international shipping hub center in Northeast Asia and a world-class sea port, and will break waves in the process of comprehensively improving its service ability for the port and shipping sector.

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