3 INDEXES RELATING TO SHIPPING, PORT AND SEABORNE TRADE WERE LAUNCHED AT 2022 QINGDAO LAND-SEA LINKAGE SEMINAR

KUALA LUMPUR, Aug 19 (Bernama) -- The International Shipping Hub Development Index (ISHDI)-RCEP Regional Report (2022), Xinhua-SPG Port Commodity Index Report (2022) and RCEP Seaborne Trade Index Report 2022 were released at the 2022 Qingdao Land-Sea Linkage Seminar held on August 15.

According to a statement by the China Economic Information Service, experts believed that the high-standard interconnection infrastructure for the industrial chain and supply chain could be provided by accurately depicting the changes in port commodity trade as well as achieving the efficient linkage among port shipping, commodities and trade.

It said the ISHDI-RCEP Regional Report (2022) compiled by China Economic Information Service was another world-class port and shipping evaluation index launched globally with a focus on the competitiveness elements of shipping hubs based on the Xinhua-Baltic International Shipping Center Development Index.

“It aims to facilitate smooth cooperation and coordinated development of hub ports,” it said.

It said the Xinhua-SPG Port Commodity Index was jointly developed and compiled by Shandong Port Group and China Economic Information Service.

“It was first released in Qingdao in October 2021,” it said.

Meanwhile, it said the RCEP Seaborne Trade Index Report 2022 took the 14 member countries of the RCEP, except for Laos, as the research objects and selected six major categories of cargo, including container cargo, iron ore, coal, petroleum products, liquefied natural gas and automobiles.

Huang Youfang, council chairman of the 8th China Institute of Navigation and vice chairman of China Federation of Logistics and Purchasing, said as the digital information link, the release of the three upgraded indexes would enhance the status of ports, including becoming international shipping hubs and guide the hub ports to achieve smooth cooperation.

-- BERNAMA