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The Chinese Port System: Current Organization and Investment Solutions

In: Regulation and Finance in the Port Industry

Author

Listed:
  • Qiang Zhang

    (Shanghai Maritime University)

  • Yang Chen

    (Shanghai Maritime University)

Abstract

China has the world’s largest port system. Shaped by two national port reforms, the port governance structure is mainly characterized by decentralization from the central government and the separation of governmental functions from port enterprise management. Port planning is featured by layering and localization. Specifically, local port enterprises can affect port planning by lobbying local port administrations. The financial tools used by local ports have become increasingly diversified. Currently, regional port integration reforms have been carried out by a number of provinces aiming at mitigating the fierce inter-port competition caused by over-capacity and improving the utilization efficiency of port resources. International collaborations promoted by the “bring in” and “going global” strategies have constantly facilitated the development of Chinese ports.

Suggested Citation

  • Qiang Zhang & Yang Chen, 2022. "The Chinese Port System: Current Organization and Investment Solutions," Palgrave Studies in Maritime Economics, in: Claudio Ferrari & Hercules Haralambides & Sergio Prete & Alessio Tei (ed.), Regulation and Finance in the Port Industry, chapter 0, pages 117-129, Palgrave Macmillan.
    • Handle: RePEc:pal:psmchp:978-3-030-83985-7_8
    DOI: 10.1007/978-3-030-83985-7_8
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