Guangdong, Guizhou join forces in shipping

Guizhou Railway Investment Group Co, Guangzhou Port Group Co and Yantian International Container Terminal Co signed a strategic cooperation contract on June 2.

Guizhou proposed establishing an international land port at the Guiyang Dulaying International Land-Sea Logistics Port, which will then coordinate with Guangzhou Port and Yantian Port to open shipping channels in the Yangtze and the Pearl River.

The collaboration will further strengthen the shipping ties between Guizhou province in Southwest China and Guangdong province in South China, and accelerate Guizhou's efforts to integrate into the Belt and Road Initiative and the New International Land-Sea Trade Corridor. Meanwhile, new shipping channels will help Guizhou better participate in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, which enables Greater Bay Area-based enterprises to establish manufacturing bases in Guizhou.

Building an international land port in Guizhou is also conducive to open economy, logistics cost reduction, circulation efficiency, industrial agglomeration, and local employment.

According to the agreement, the three sides will optimize the supply chain service system and boost the high-quality development of logistical trade between the two provinces by following the "industry + platform + logistics" business model and increasing the sharing of information.

Guangzhou Port is the largest comprehensive and foreign trade port in South China and has a long history. It boasts the largest container throughput in domestic trade and plays a crucial role in trade with Africa and the Mediterranean region.

The Yantian International Container Terminal has become a preferred choice for large container shipping in southern China for its deep water berths and reliable services. Guizhou Railway Investment Group Co has seen impressive progress in logistics, trade, finance and property management, while also sticking with its main railway businesses.