increasing capacity water transportation market in China

He Jianzhong 25th Ministry of transport spokesman said at a news conference to be held, under the influence of many different factors at home and abroad, shipping on China's water market slump will continue for a longer period. According to reports, the water after shipping slump from the 2008 global financial crisis, although there is a recovery in a short period of time the old republic power leveling, but in practice since the second half of 2009This year, water shipping market has been in a relatively weak State.　　At present, the rising instability of world economic recovery, domestic and international shipping on the multiple factors cause water during the market downturn will last longer. "The current shipping market under a double pressure on water, from 2008 to the end of last year, increasing capacity water transportation market in China, but the market demand,Contradiction between supply and demand have become more prominent. While domestic inflationary pressures rose, rising fuel and labor costs and freight rates and substantial decline, international bulk cargo transport between the Baltic Sea this year in the 1000~1800 point hovered, so intensely competitive market, shipping enterprises expand, including a loss in some shipping companies. ”He Jianzhong said for such a situation, the Ministry of transport is being or has already taken some measures to help enterprises to effectively deal with the challenges of working. He Jianzhong says enterprises should optimize the structure of sea fleet, promoting the development of shipping a large-scale, professional, standard way. Expanding domestic fleet size, raising the level of modernization of the fleet; solid from the perspective of the Government actively supports the port and shipping enterprisesEffects going global development strategy, while strengthening coordination with the relevant State ministries, departure tax rebate will be implemented gradually, Research Advancement and international practice shipping tax policy star wars the old republic power leveling, tax effectively reduce international shipping tax burden and crew, and strengthen its efforts to promote port structure adjustment, increase port efficiency of resource use. (Xinhua)