Manufacturers are turning to the Yangtze to move their goods as they take advantage of financial incentives under China’s "Go West" policy for spurring economic development in interior provinces.
"There are too many ships and we can hardly secure a place," said Cui Ming, a local manager for Chongqing JHJ Shipping, after a company vessel was unloaded at the Jungong Road Dock. "The business is growing so massively, we sometimes need to get up at midnight and rush to the dock to assist our ships to get a berth."
China’s manufacturers are moving factories inland to benefit from lower wages than coastal regions and government incentives to spur economic development.
Bloomberg reports this has created traffic jams on Asia’s longest river, prompting the nation’s biggest container terminal operators, Cosco Pacific and China Merchants, to invest in ports along the 6,300 kilometer-long Yangtze, which reaches Tibet.
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