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<P class=3DMsoNormal style=3D"TEXT-ALIGN: center" =
align=3Dcenter><B><SPAN lang=3DEN-US=20
style=3D"FONT-SIZE: 16pt; mso-bidi-font-size: 12.0pt">Breakthrough =
Achievements in=20
Constructionof Shanghai International Shipping =
Center<o:p></o:p></SPAN></B></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: center" =
align=3Dcenter><B><SPAN=20
lang=3DEN-US>Rui Xue<o:p></o:p></SPAN></B></P>
<P class=3DMsoNormal><SPAN=20
lang=3DEN-US><![if =
!supportEmptyParas]><![endif]>&nbsp;<o:p></o:p></SPAN></P>
<P class=3DMsoNormal><SPAN lang=3DEN-US>On April 14th, the State Council =
of China=20
publicized the opinions on promoting construction of international =
finance=20
center and international shipping center in China. Its progress has =
attracted=20
extensive attention.</SPAN></P>
<P class=3DMsoNormal><SPAN=20
lang=3DEN-US><![if =
!supportEmptyParas]><![endif]>&nbsp;<o:p></o:p></SPAN></P>
<P class=3DMsoNormal><SPAN lang=3DEN-US>Phase Achievements of Shipping =
Center=20
Construction</SPAN></P>
<P class=3DMsoNormal><SPAN=20
style=3D"FONT-FAMILY: =CB=CE=CC=E5; mso-ascii-font-family: 'Times New =
Roman'; mso-hansi-font-family: 'Times New Roman'">=A1=B0</SPAN><SPAN=20
lang=3DEN-US>Till the end of 2009, the cargo throughput of Shanghai Port =
reached=20
590 million tons and the container throughput reached 25 million TEUs, =
ranking=20
the first and second positions in the world. The passenger throughput of =

Shanghai airport reached 57.08 million person/time with a year-on-year =
increase=20
of 11.7% and the cargo/post throughput of Pudong International Airport =
was 2.54=20
million tons, the third largest in the world.=A1=B1 Shen Xiaosu, Vice =
Director of=20
Shanghai Urban and Rural Construction and Transportation Commission =
summarizes=20
the phase achievements of construction of Shanghai international =
shipping center=20
in 2009, =A1=B0In our construction of the international shipping center =
in Shanghai,=20
we have achieved breakthrough success in further improvement of the =
modern=20
shipping congregation and distribution system, development of modern =
shipping=20
service system, made bold research in establishment of comprehensive =
trial=20
region of international shipping development, speed up development of =
shipping=20
finance service and standardize the cruise industry.=A1=B1</SPAN></P>
<P class=3DMsoNormal><SPAN lang=3DEN-US>Following the year of starting =
of building=20
Shanghai international shipping center, 2010 will be the crucial period =
of final=20
triumph. Mr. Shen told our journalist that the document of Arrangement =
of Key=20
Work in Construction of Shanghai International Shipping Center 2010 has =
been=20
drafted and will be publicized soon. In the initial consideration, =
emphasis will=20
be put to improvement of congregation and distribution system as well as =

shipping service system. The government authorities will lay stress on =
the=20
tax-exemption registration of vessels as individual case, customs and =
inspection=20
declaration at Shanghai Port and trial of tax refund at the port of =
departure.=20
The policy of business tax exemption in Yangshan bonded port district =
will be=20
implemented with integration and interplay of =A1=B0three ports and =
three districts=A1=B1.=20
Besides that, the government will further reinforce the international =
shipping=20
comprehensive information platform, develop shipping finance and orderly =
cruise=20
industry and clarify the policy orientation of the trial region of =
international=20
shipping.</SPAN></P>
<P class=3DMsoNormal><SPAN=20
lang=3DEN-US><![if =
!supportEmptyParas]><![endif]>&nbsp;<o:p></o:p></SPAN></P>
<P class=3DMsoNormal><SPAN lang=3DEN-US>Tracing Highlight =
Issues</SPAN></P>
<P class=3DMsoNormal><SPAN lang=3DEN-US>Tax Refund at Port of Departure: =
Shanghai=20
Customs has drafted cooperation plans with the local customs of trial =
regions=20
like Qingdao and Wuhan for coordinative administration and effective=20
surveillance of tax-refund goods at ports of departure by advanced =
technology.=20
Wen Xuexiang, Vice Director of Shanghai Customs said, =A1=B0After =
consent by the=20
relevant national authorities, we will immediately start the trial =
operation of=20
tax refund.=A1=B1</SPAN></P>
<P class=3DMsoNormal><SPAN lang=3DEN-US>As for the journalist's question =
of=20
=A1=B0nationwide implementation of tax refund policy=A1=B1, Zhu Jianhua, =
Vice Director of=20
Shanghai Municipal Transport and Port Administration gave his pertinent=20
comments, =A1=B0Although we have not made nationwide planning, but the =
trial=20
operation is farsighted because Qingdao is a seaport while Wuhan is an =
inland=20
port. After experiments at these two ports of different nature, we shall =
further=20
evaluate and consummate the policy and reform administrative rules so as =
to=20
spread this feasible practice throughout China.=A1=B1 He also told the =
journalist=20
that the tax refund policy will mostly affect the transshipment volume =
of=20
Yangtze River as well as the coastal on-carriage volume. According to =
the=20
relevant statistics, the container throughput of Yangtze River =
(including inland=20
waterways) reached 5.498 million TEUs and about 4 million TEUs of =
transshipment=20
volume at Busan Port come from China. Zhu reckoned, =A1=B0If Shanghai =
Port could=20
attract these transshipments, the total volume will greatly=20
increase.=A1=B1</SPAN></P>
<P class=3DMsoNormal><SPAN lang=3DEN-US>Foreign cruises calling at =
multi-ports: in=20
October 2009, the Ministry of Transport issued the Circular about =
Licensed=20
Foreign Cruises Calling at Multi Ports in China. Under this circular, if =

licensed by the ministry, the cruises flying foreign flags are allowed =
to call=20
at several ports in China. This favorable policy uplifts the efficiency =
of=20
cruises and attracts more international liners, which is definitely =
positive to=20
the development of cruise economy in Shanghai.</SPAN></P>
<P class=3DMsoNormal><SPAN lang=3DEN-US>Construction of Inland Water =
Fairways:=20
according to the relevant development planning, in 2010 the inland =
waterway=20
containerization framework will basically take shape including four =
special=20
fairways like Zhaojiagou and Dalu Line. In 2020, the inland waterway =
trunk lines=20
backboned by =A1=B0One Ring and Ten Radiates=A1=B1 with total mileage of =
more than 400=20
kilometers. For container congregation and distribution at Waigaoqiao =
Port=20
District and Yangshan Deep-sea Port, Zhaojiagou inland harbor basin of =
1.15=20
square kilometers is under planning. Mr. Zhu also said, the fairway =
project of=20
Jiangsu/Shanghai outer port line has been completed and launched into =
operation,=20
the first among all the trunk line fairways. Other projects are now in =
smooth=20
progress.</SPAN></P></DIV></BODY></HTML>
