Current state and prospects of development of China’s seaports

Abstract

From an economic point of view, ports contribute to the comprehensive development of cities and can have a comprehensive stimulating effect on the economy of the interior. As a hub connecting various modes of transport, such as railways, highways, aviation and pipelines, ports are an indispensable component of the state’s transport network. During the gradual improvement of the Chinese transport system. At the same time, ports are the gateway for the foreign trade of a country or region. The efficiency of ports is directly related to the effectiveness of foreign economic cooperation. In addition, the development of ports is closely linked to the economic security of the country. Ports initiate the socio-economic growth of the region, serve as a center of social activity. Ports are also a major source of employment, as ports employ a large number of workers. The emergence of China as a great maritime power is becoming a fait accompli before our eyes. In the context of profound changes in the domestic and international macro environment, the port industry of the People’s Republic of China is accelerating the pace of transformation and modernization, adhering to new development concepts and providing strong support for the economic development of the state. The study reveals China’s modern leadership in the global port industry, formed in the fierce competition of the largest ports in East Asia. The stages of development of the ports of the People’s Republic of China and the role of the planned economy in this process, the modern structure of the port economy of the People’s Republic of China and the leading ports of the country are analyzed. New trends and prospects for the development of both continental and foreign ports of the People’s Republic of China are considered. The paper analyzes the place of the People’s Republic of China in the modern world port industry, determines the stages of development of China’s ports and the role of the planned economy in this process, studies the modern structure of the port economy of the People’s Republic of China and the country’s leading ports, identifies new trends and prospects for the development of mainland and foreign ports of the People’s Republic of China, analyzes key trends and problems underlying recent changes in the the port system of China. To date, there has not been a comprehensive study in the Russian bibliography that gives a general idea of the role of the port economy in the development of the PRC economy and China’s leadership in the port and shipping industries of the world. The present study aims to fill this gap.