Ningbo-Zhoushan port in China has reported that its annual cargo throughput has hit 1 billion tonnes, according to Xinhua.
Mao Jianhong, Chairman of Ningbo Zhoushan Port Group, told China's official press agency that it is the first port in the world to exceed such a volume.
The port’s sea routes increased to 86 after China’s Belt and Road initiative, a campaign to boost trade and stimulate economic growth across Asia and beyond, secured cooperation agreements with 20 other ports.
Read a related paper from Theo Notteboom on the governance of Chinese port systems
Ningbo-Zhoushan port handled over 10 million TEU from countries and regions along the Belt and Road in 2017, up 16% year on year.
Ningbo Zhoushan port recently received state approval to expand eight berths.
Read more: Shanghai International Port Group has reported that Shanghai Port, the world's largest container port, has surpassed an annual handling capacity of 40 million TEU
