Business Alert - China
The Hangzhou Bay Bridge officially opened to traffic on 1 May 2008. An analysis of the present condition of the major ports in the Yangtze River Delta region and the characteristics of the regional economy and industries shows that the opening of the Hangzhou Bay Bridge will bring about opportunities and challenges to Ningbo port's logistics sector in the following ways.
Opportunities in six areas:
Challenges in five areas:
Under these new circumstances, Ningbo should endeavour to achieve the "four alignments", namely, concept alignment, information alignment, structure alignment and talent alignment. It is imperative to accelerate the building of a complete transportation system with the port as its centre and supported by various modes of transport such as roads, railways, inland waterways and air links so as to enhance Ningbo's overall logistics capability. There is also a need in opening up the deep-water coastline at Chuanshan, Daxie and Meishan, thereby optimising the positioning of the ports, strengthening their cargo canvassing system, expanding their services and raising their throughput capacity.
Moreover, Ningbo should keep improving its time-efficient cargo-transport thoroughfares and city-wide delivery road system. The model of "consolidated logistics centre, specialised logistics centre, delivery centre/urban and rural express delivery system" centred at Cixi should be adopted to satisfy the needs of the industrial centres in Hangzhou Bay New Area in supplying raw materials and products to the city. To safeguard the development of modern logistics, a public information platform on logistics services should be established and perfected. Logistics networks for goods, processing industry, and business and commercial circulation should be interconnected to enhance the service efficiency and operational quality of the logistics industry. Logistics enterprises should be encouraged to make full use of information technology, actively develop electronic commerce and conduct their business operations via the Internet. Measures should also be taken to facilitate the growth of modern logistics enterprises, actively develop specialised logistics services, increase the proportion of third-party logistics and lower the cost of logistics.