China presents ambitious plan for shipping

The Chinese government plans to perform comprehensive reforms of the country's shipping industry, to ensure that it is state-of-the-art by 2020, according to a plan presented on Wednesday.

Photo: Georg Hammerstein/POLFOTO/ARKIV

The Chinese government has presented an ambitious plan on Wednesday aimed at developing the country's entire shipping industry. The plan made the Cosco and China Shipping shares soar.

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