QINGDAO, China, Oct 27 (Bernama-AsiaNet) — At the 2021 “Belt and Road” Land-sea Linkage Qingdao Summit held on October 22, the Global International Shipping Center Index – Northeast Asia Report (2021), Xinhua-Shandong Port Bulk Commodity Index and trade connectivity index report of RCEP member states (2021) were published. Experts believe that through accurate depiction of the changes of port bulk commodity trade in the form of indexes and establishment of the efficient linkage among ports, bulk commodity and trade, the competitiveness of ports will be enhanced, trade transformation and upgrading will be expedited, and the ability to stabilize the price and supply of bulk commodities will be strengthened, so as to provide a “bellwether” for the development of the industry.
The “Global International Shipping Center Index”, established by China Economic Information Service with support of the Baltic Exchange, is another world-class port and shipping evaluation index launched globally, on the basis of the “Xinhua-Baltic International Shipping Center Development Index”. The first phase of the index focused on Northeast Asia, and 17 ports in China, Japan, South Korea and Russia were selected as the sample ports. According to the comprehensive scores, the sample ports were grouped into four echelons, of which Qingdao Port, Busan Port and Tianjin Port were in the first echelon, due to their leading network connectivity, operation level and basic scale. The three ports are absolute regional international shipping centers in Northeast Asia.