Ministry of Commerce: In conjunction with the maritime regulatory authorities, guide shipping companies to ensure the supply of popular routes in Latin America, the Middle East, Southeast Asia, and other regions

      On November 22nd, Wang Shouwen, the representative and deputy minister of the Ministry of Commerce for international trade negotiations, stated at the regular policy briefing of the State Council that key shipping channels such as the Red Sea, Suez Canal, and Panama Canal have encountered obstacles this year, and some ports have experienced worker strikes, which have caused a certain degree of disturbance to the international trade shipping market and had a negative impact on our normal foreign trade transportation. The direct result is that the freight rates from China to Europe and the Mediterranean have increased significantly, and the transportation time has also been extended. Many foreign trade enterprises have proposed in the research that they hope to take some measures in this regard.

      Wang Shouwen stated that in the next step, the Ministry of Commerce, in conjunction with the transportation department, will organize local foreign trade enterprises and foreign trade transportation companies to carry out docking on the basis of the measures already taken, so that the supply and demand sides of maritime transportation can better match the demand. Encourage shipping companies to develop online platforms to meet the booking needs of small and medium-sized enterprises. In conjunction with relevant departments, especially the maritime regulatory authorities, guide shipping companies to optimize their route layout and ensure the supply of transportation capacity for popular routes in Latin America, the Middle East, and Southeast Asia.