Xinhua
16 Jun 2025, 08:52 GMT+10
TIANJIN, June 16 (Xinhua) -- Arab logistics businessman Don Kaushalya Wirasinha from the United Arab Emirates was busy engaging with visiting shipowners, logistics firms and freight forwarders in China for three days.
At the third Tianjin International Shipping Industry Expo held from Thursday to Saturday in north China's Tianjin Municipality, Wirasinha, general manager of Dubai-based GSI Global Logistics, saw tremendous potential.
"We expect good business in the future, because now we are meeting so many new Chinese partners and forwarders," Wirasinha said, while adding that he is planning to visit China at least twice every year in pursuit of more business opportunities.
His company, founded in 2009, provides comprehensive international logistics services, including transportation, customs clearance and final delivery, and has business in multiple Chinese port cities, including Tianjin, Shanghai and Ningbo.
"Hardly any country can work without involvement with China, as it exports goods to virtually every country," he said.
China maintained its position as the world's largest port operator by cargo and container throughput in 2024. Its ocean-going fleet continues to expand, with international routes extending farther, according to the China Association of the National Shipbuilding Industry.
The country's logistics sector has also shown robust growth. The index tracking China's logistics market was at 50.6 percent in May, indicating sustained expansion and resilient supply chains, the China Federation of Logistics Purchasing has revealed.
Eyeing huge business potential in China, many foreign shipping and logistics business insiders like Wirasinha attended the Tianjin expo to seek opportunities.
During the expo, Mikhael Mangopo, director of Indonesian marine surveying firm Geovaruna, moved through the expansive exhibition halls at the expo with keen interest and exchanged business cards with Chinese shipowners and port equipment suppliers.
"Our extensive knowledge of Indonesia's maritime environment positions us to support Chinese companies operating there through professional surveying," he said, adding that he also gained insights into China's advanced shipping expertise, which he planned to share with Indonesia's maritime businesses.
The General Administration of Customs of China has confirmed that the country's foreign trade in goods reached 17.94 trillion yuan (about 2.5 trillion U.S. dollars) in the first five months of 2025 -- up 2.5 percent year on year, while exports grew by 7.2 percent.
Amid geopolitical tensions and protectionist headwinds, China's economy has demonstrated remarkable resilience, supported by its efficient industrial chains, optimized innovation ecosystems and robust supply networks.
Lal Weerasinghe, additional managing director of operations of Sri Lanka Ports Authority, said the authority maintains excellent cooperation not just with Tianjin Port Group but across China, highlighting the emergence of world-class Chinese firms like COSCO Shipping and Chinese global port operators such as China Merchant Group.
Weerasinghe also credited the Belt and Road Initiative for better connecting Sri Lanka to global markets and creating added value.
"China's robust port and shipping economy significantly underpins our links. We anticipate deepening cooperation with Chinese port partners to advance our maritime logistics engagement," he added.
Get a daily dose of Greek Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.
More InformationDUBLIN, Ireland: Ryanair chief executive Michael O'Leary received a total pay package of 3.83 million euros for the financial year,...
MUMBAI/LONDON: Fast-fashion giant Shein and India's Reliance Retail are preparing to transform India into a significant global supply...
Throughout human history, zoonotic diseases, illnesses that jump from animals to humans, have shaped civilizations, triggered pandemics,...
TIANJIN, June 16 (Xinhua) -- Arab logistics businessman Don Kaushalya Wirasinha from the United Arab Emirates was busy engaging with...
Islamabad [Pakistan], June 16 (ANI): Pakistan's federal government increased petrol prices once again, pushing the petrol price up...
Ahmedabad (Gujarat) [India], June 16 (ANI): The total number of DNA sample matches in the tragic Ahmedabad plane crash reached to 80,...
NEW YORK CITY, New York: Investor confidence in U.S. markets is showing signs of strain as global funds redirect billions toward Europe...
GRAZ, Austria: Austria is reeling after a tragic school shooting in Graz that left ten people dead, including the gunman, and 12 others...
Nicosia [Cyprus], June 16 (ANI): In a significant step towards strengthening economic ties between India and Cyprus, the NSE International...
(250616) -- AL-HASAKAH, June 16, 2025 (Xinhua) -- An elderly woman in wheelchair is pictured during preparations to leave the al-Hol...
By Vishu Adhana Tehran [Iran], June 16 (ANI): Amid ongoing waves of tit-for-tat strikes between Israel and Iran, hundreds of Indian...
(250616) -- HAIFA, June 16, 2025 (Xinhua) -- Israeli security and rescue forces work at the site of an Iranian missile attack in Haifa,...