Port of Wuhan expected to become Chilean fruits transshipment base
2014-11-14
The port of Wuhan is expected to become Chilean fruits transshipment base in central China, according to the Hubei trade & investment fair held on Nov.6 in Santiago, capital of Chile.
According to Zhou Caijuan, chairman of China Council for the Promotion of International Trade Hubei Sub-council, Hubei’s imports from Chile surged by 70 percent year-on-year in 2013 to 0.36 billion U.S. dollars, meanwhile, the exports to Chile climbed 36.6 percent from a year earlier to 0.18 billion U.S. dollars.
Hubei mainly imported fruits, wine, food, minerals, wood products, etc. from Chile, and exported textile and garment, chemical products, medical apparatus and instruments, pharmaceutical products, machinery, electronics, light industrial goods, agricultural products, etc. to Chile.
Chile plans to build a cargo ship for fruits, which could directly ship Chilean fruits from Yangshan Port of Shanghai to the Port of Wuhan and establish the latter as a transshipment base, thus allowing fresher and cheaper Chilean fruits available to central China.
Chile is the first South American country to establish diplomatic relation with China, and also the first country in the world to sign bilateral free trade agreement with China. Recent years have witnessed rapid growth in bilateral trade volume, and both sides enjoy zero tariffs on 90 percent imported goods. Chile expected more investment from Hubei in fields of energy resources exploitation and infrastructure construction.
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