Guangzhou port eyes handling 700 million tons of cargoes by 2026

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Guangzhou international cruise port (Photo: Courtesy of Port of Guangzhou) The Port of Guangzhou, the world's fifth largest port, unveiled a three-year action plan (2024-26) to shore up the construction of a global shipping hub, according to media reports on Tuesday. The plan, issued on Monday, called for the port to achieve throughput of 700 million tons and a container turnover of 27 million standard containers by 2026.  The port will also handle 800,000 standard containers under the sea-rail multimodal transportation, achieve a vehicle turnover of 1.6 million units and realize a total investment of 15 billion yuan ($2.1 billion) in port and fixed-asset investment by 2026, according to the plan. The move is aimed at fostering a port-centered economic zone, nurturing new quality productive forces, further consolidating the port's status as a global shipping hub and a new high ground for deepening reforms and opening-up in the Guangdong-Hong Kong-Macao Greater Bay Area. The new action ………………………………