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2022 Shandong Port Trading Conference kicks off in Qingdao

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The 2022 Shandong Port Trading Conference kicked off in Qingdao on July 28. With the theme of “take a leading position through portsto embark on a new journey”, the event aims to builda platform for industry exchanges and discussnew strategies and new tasks for ensuring an unimpeded global supply chain amid the post-pandemic era. This will help serve the establishment of anew development pattern and promote global economic development.

In recent years, and in the face ofthe unprecedented global changes and the COVID-19 pandemic, guaranteeingthe security of a sustainable supply chain is neededto cope withthe development and changes of theinternational supply chain pattern, which provides vital support forsmoothing out domestic and international circulationand isa key goal that’s being promoted atthis year’sconference.

As one of the most important bulk commodity distribution centers in the country, the throughput of SPG’scrude oil, iron ore, bauxite and fertilizer all rank first in China, and the annual import volumes account forone-third, one-fourth, two-thirds and one-fifthof the national total, respectively.

SPG iscommitted to shifting from being a single-port operator to a comprehensive supply chain service provider, thus forming trade businesses including 24 types of cargosand16 functionsthat spanacross 17 prefecture-level cities. Afteryears of development, a comprehensive whole supply chain system featuring “port+trade+logistics+finance+shipping” has been set up.

Amid the more complex and severe international environment, and sporadic resurgences of COVID-19 cases,and a variety of unexpected factors, the event is bound to convey industrial confidence, and more efforts will be made to build a platform that consists ofshared planning and tackles future challenges.

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