[photopress:Logistics_Tijin_free_zone.jpg,full,alignright]China’s first African logistics terminal, which is seen as an important development in Sino-Africa trade relations, has opened in Tianjin, seen here, north China’s biggest port city.
The Tianjin Port GMT Africa International Logistics Terminal, located in the Tianjin Port Free Trade Zone, covers an area of 60,000 square meters including a 5,500-square-meter warehouse.
The terminal will deal with Sino-Africa imports and exports.
Trade between China and Africa has witnessed rapid development in recent years. Statistics show Sino-Africa trade volume brought in $55.5 billion in 2006, up 40% over the same period of 2005.
Sino-African trade volume through Tianjin port reached 3.36 million tons in 2006, up 63.3%.
Source: China View
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