Qingdao ranks 15th in regard to comprehensive strength among international shipping centers, the same as last year, according to the Xinhua-Baltic International Shipping Center Development IndexReport2022 released on July 11.

From three dimension i.e.port conditions shipping service and comprehensive environment， the index intends to measure the comprehensive strength of international shipping central cities. Over the recent years. Qingdao has ramped up efforts to build the world-class port and give play to Qingdao Ports’ role as a significant urban infrastructure, an important public service platform and a window to the world.

Qingdao Port leads the total number of shipping routes in northern China. Qingdao boasts 67 sea-railway combined freight trains and as many as 28 inland ports and sees an average annual growth of 14.2% in the number of containers subject to combined trans- port, ranking first in China for seven consecutive years. Qingdao tops northeast Asia in regard to the inter national shipping hub competitiveness index.

Qingdao Port has overtaken Singapore Port and Guangzhou Port and soared to the world's fourth place in regard to cargo throughout sector grow fast including futures trading,cold-chain logistics, bonded crude oil mixing and bonded vessel oil supply.
Jointly launched by the China Economic Information Service and the Baltic Exchange, the index has been issued for nine consecutive years since its global inception in 2014, emerged as an important indicator for gauging the development of global shipping centers and won wide recognition from worldwide port and shipping institutions.

Source：Los Angeles Times