General

On February 20, the Shandong Port Business Promotion Conference and the opening ceremony of Shandong Port (Southeast Asia) Co., Ltd. were held in Singapore. This is a new practice for Shandong ports to serve the construction of the "the Belt and Road", strengthen the allocation of global resources, expand overseas markets, and seek new business types and market opportunities. It is an important measure to accelerate the construction of world-class marine ports and world-class enterprises with practical actions, help build a new development pattern of domestic and international double circulation, and boost high-level opening up.

The establishment of Shandong Port's first overseas regional company in Singapore will help promote cooperation with the world's leading shipping companies, first-hand resource providers, well-known trading enterprises and other partners, better play to the comprehensive advantages of Shandong Port's brand value, operation management, and achieve the goal of serving the national strategy, firmly "going out", and building an international port brand. At the same time, Shandong Port will take advantage of Singapore's developed shipping resources to accelerate the transformation to an international shipping center, and radiate the advantages of Shandong Port as a shipping terminal to Southeast Asia and even the world.

The Southeast Asia Regional Company of Shandong Port will focus on the functional positioning of "six platforms" such as overseas liaison and communication platform, cross-border trade and logistics e-commerce platform, external publicity and promotion platform, investment attraction platform, cultural tourism exchange platform, and information platform, and integrate the elements of "port+logistics+finance+trade+shipping" to help Shandong Port accelerate the transformation and upgrading from traditional loading and unloading port to hub port, trading port, and financial port, Promote the progressive upgrading from the industrial chain to the industrial ecosystem.

Huo Gaoyuan, secretary of the Party Committee and chairman of Shandong Port Group, said in his speech that Singapore is the most important financial, trade, shipping and regional shipping center in Asia and an important partner of the "the Belt and Road" initiative. At present, Southeast Asia has become China's largest international trading partner. Shandong Port has set up the first overseas regional company in Singapore - Southeast Asia Company, which is of great significance at the right time. Shandong Port will promote trade circulation in an all-round way, accelerate the construction of international trade and shipping hub in Northeast Asia, accelerate the construction of distribution center for consumer goods, and boost economic and trade exchanges. We will promote open cooperation in all fields, jointly promote platform construction, improve the exchange and mutual promotion mechanism, and do a good job in the big article of "corridor belt logistics, logistics belt economy and trade, and economic and trade belt industry". All elements build the ecosystem, integrate the advantages of the whole chain of ports, finance, shipping, trade and logistics, and work together to build a cooperative development ecosystem of "beauty of each beauty, beauty of beauty, beauty and harmony, and world harmony".

At the meeting, Shandong Port and its multiple sector groups signed cooperation agreements with heavyweight enterprises. Among them, Shandong Port, Weili International and Weiqiao Venture signed a strategic cooperation agreement, which will actively integrate into the "the Belt and Road" initiative, further consolidate and expand the cooperation achievements of the three parties in maritime logistics, mining development, port operation and the construction of China Africa bauxite supply chain, deepen exchanges and communication in multiple fields, expand the whole chain and cooperation in multiple fields, and jointly participate in maintaining the stability of the global industrial chain supply chain, Smooth China's "domestic and international double circulation" strategy and Sino-Singapore economic and trade exchanges.

Shandong Port and Taiping Shipping will establish a long-term and comprehensive strategic partnership, focusing on deepening port and shipping business cooperation, strengthening market development cooperation, and strengthening smart port and shipping cooperation to achieve mutual benefit and win-win development.

Shandong Port Logistics Group and Cargill Group will give full play to their advantages in resource layout in the supply chain service field, location and network layout in the port field, jointly build a "double circulation" logistics channel, and jointly serve the "the Belt and Road" initiative.

Shandong Port Trade Group and Trafigura Group will deepen the strategic cooperation relationship, give full play to the role of the port platform and the advantages of bulk commodity resources, strengthen strategic cooperation in business cooperation, international trade market expansion, logistics services, supply chain innovation and other fields, further unblock logistics channels, improve the stability of the supply chain, explore new mechanisms for joint construction and sharing cooperation, and achieve win-win international trade cooperation.

Shandong Port Overseas Development Group and Maersk Terminal Management (Singapore) Co., Ltd. will establish a strategic cooperation relationship, play their respective professional advantages in promoting global trade, reducing environmental impact and promoting technological progress, and expand and strengthen cooperation.

In his speech, Lee Yi-hsien, chairman of Singapore's "Trade China", said that Singapore once again ranked first in the International Shipping Center Development Index Report released in 2022. The reason why Singapore has ranked first for nine consecutive years is mainly due to its highly mature global shipping ecosystem, sound management system, convenient business environment and large ports located in strategic locations. Shandong ports also performed well, with cargo throughput exceeding 1.6 billion tons in 2022, up 7.7% year on year, ranking first in the world. It is expected that the two ports can give full play to their respective advantages, make joint efforts, achieve mutual benefit and win-win development, and make positive contributions to the smooth and stable supply chain of the global international trade industry chain.

In the future, Shandong Port will take the opportunity of establishing a regional company in Southeast Asia and signing a series of cooperation agreements to build a bridge of exchange and cooperation, unblock the channels of mutual benefit and win-win, build the main position of Shandong Port's service economic and trade cooperation and a new engine to speed up the internationalization process, promote the high-quality development of the "the Belt and Road", and make positive contributions to maintaining the smoothness and stability of the global industrial chain supply chain and building a global economic cooperation community.