The Chinese Port System: Current Organization and Investment Solutions
Qiang Zhang () and
Yang Chen ()
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Qiang Zhang: Shanghai Maritime University
Yang Chen: Shanghai Maritime University
Chapter Chapter 8 in Regulation and Finance in the Port Industry, 2022, pp 117-129 from Palgrave Macmillan
Abstract:
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.
Keywords: Port system; Governance structure; Investment solution; Port integration; Financial tool (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psmchp:978-3-030-83985-7_8
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DOI: 10.1007/978-3-030-83985-7_8
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