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Global Times: Ningbo-Zhoushan Port’s global connectivity seen from a small button controlling bridge crane

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BEIJING, May 26, 2025 /PRNewswire/ — When Zhu Shijie started working at the Chuanshan port area of Ningbo-Zhoushan Port in East China’s Zhejiang Province in 1999 as a bridge crane operator loading and unloading containers onto or from ships, the port’s annual handling of 500,000 containers was celebrated with a ceremony. In 2025, the veteran crane operator, said he hopes he could be the one to press the button that picks up this year’s 38 millionth container milestone for Ningbo Zhoushan Port Group. 

Reaching that figure this year will be no small feat given the profound turbulence in global trade, as it means a growth of 4 million containers from the last year’s 34 million. In fact, in his 26 years working at the port, Zhu Shijie has had a front-row seat to witness the meteoric rise of Ningbo-Zhoushan Port, now the world’s largest port in terms of cargo throughput. 

In 2024, it handled a total of more than 1.37 billion tons of cargo, an increase of 4 percent year-on-year, setting a record high and ranking first in the world for the 16th consecutive year.

Indeed, he has witnessed several key moments of the port’s development. In 2006, when President Xi Jinping, then Party chief of Zhejiang Province, came to the port to personally press the button to pick up the 7 millionth container, Zhu Shijie was the one who operated the bridge crane.

In March 2020, when President Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, visited the Chuanshan port area of the Ningbo-Zhoushan Port, whose throughput has recovered to normal levels due to the timely measures it adopted to resume production amid the COVID-19 pandemic, Zhu Shijie was also onsite.

Regarding the port as a hard-core power, Xi said Ningbo-Zhoushan Port plays an important role in national strategies such as the building of the Belt and Road Initiative (BRI), the development of the Yangtze River Economic Belt and the integration of the Yangtze River Delta, according to the Xinhua News Agency. 

Given its strategic importance and sheer size, the Ningbo-Zhoushan Port offers a vantage point into gauging the state of not only China’s foreign trade sector but also global trade as a whole. As global trade encountered tremendous turbulence due to the US’ unilateral tariffs in recent months, the Global Times recently visited the port to find out the impacts of the tariffs on China’s trade with countries and regions around the world.

In interviews with the Global Times, employees like Zhu Shijie and business owners in the logistics and manufacturing sectors said that despite the negative impact on certain US-bound shipments, overall operations remained stable, with better-than-expected performances. From US clients rushing to ship orders following mutual tariff reductions to the surge in shipments to the EU, ASEAN, and other parts of the world, the scenes they described painted a vivid picture of China’s resilient and robust foreign trade sector despite a rising tide of unilateralism and protectionism. 

Hardcore strength – surging above the tide

Entering the Ningbo-Zhoushan Port, a bustling scene unfolded – bridge cranes are busy uploading cargoes onto the ships, with both unmanned and manned container trucks rushing to pick up or drop off containers in the port area. 

“This ship that is currently docked at the terminal comes from the East Coast of the US,” He Xiaohui, assistant manager of the Operation Department of Meishan port area of Ningbo-Zhoushan Port, told the Global Times, pointing to the ship on a real-time monitoring screen of all vessels at the port.

“In April, we did face the challenge of fluctuations in cargo volume on the US shipping lines. However, we still achieved a cargo throughput of 998,000 containers for the entire month, marking a 5.6 percent growth year-on-year. This week, the weekly throughput has begun to steadily rebound,” said He.

Meishan port area is the terminal with the most US lines in Ningbo-Zhoushan Port, and the volume of US line containers in Meishan accounts for about 40 percent of the port’s total.  

On April 2, the US government announced what it claims to be “reciprocal tariffs” against its trading partners, including China. After China took firm countermeasures to safeguard its rights and interests, the US further increased tariffs to levels that even its officials said “unsustainable.” However, on May 12, after a high-level meeting in Geneva, the two countries issued a joint statement announcing the removal of significant tariffs on each other and suspending some duties for 90 days.

Highlighting the anxiety among US businesses caused by the US tariffs, after the China-US joint statement, many US clients have rushed to arrange for the shipping of their products from the Ningbo-Zhoushan Port. 

At the 36,000-square-meter warehouse of Ningbo Blue Dragon Logistics in the Beilun port area of the Ningbo-Zhoushan Port, Global Times reporters observed dozens of forklifts moving at high speed, as if in an F1 race, loading goods such as footwear, toys, electronics, and daily necessities onto containers for export. 

“From May 12 to 18, previously suspended US-bound export orders are now being expedited for shipment. The volume of goods we received increased by approximately 20 percent week-on-week, and our warehouse temporarily reached full capacity,” Wang Min, business manager of Ningbo Blue Dragon Logistics Co, told the Global Times. “Chinese exporters and US importers are rushing to make up for the delay of Chinese products due to high US tariffs.”

Wang said that their five-story shelves are packed every day, requiring workers to clear space daily for new export cargo coming in.

Surprisingly, Wang found that exports maintained growth in April despite a 30 percent drop in US-bound business volume. 

“Initially, we thought the export decline to the US would impact our April performance, as US exports account for about 45 percent of our total,” Wang said, adding that steady growth in other shipping routes has offset the shortfall.  

Wang was among thousands of Ningbo’s foreign trade-related enterprises that have made multifaceted efforts to drive exports forward against headwinds. 

As a result, Ningbo witnessed 11.5 percent year-on-year growth in its foreign trade from January to April, totaling 872.42 billion yuan ($121.1 billion). Among which, exports were up 17.9 percent year-on-year, according to statistics from the Ningbo customs. 

While some US importers eagerly await Chinese products across the Pacific, Zhu Guoqin, owner of Ningbo AT Import & Export Co Ltd., a company specializing in luggage exports, is considering redirecting about 80 containers of luggage worth $15 million, originally booked by a US customer, to other markets, as the customer has not yet contacted her for re-shipment.

She revealed that her company shared the 20 percent US tariffs on Chinese goods in March with US customers. However, after an additional 34 percent tariff in April, American clients halted orders. These tariffs were not included in the recent bilateral tariff reductions.

“This batch of luggage is designed for summer vacations, meant to be shipped to the US in March and on the shelf in April. However, the 80 containers remain in our warehouse. US exports accounted for about 25 percent of our $50 million total exports in 2024,” Zhu Guoqin told Global Times.

However, the 14 production lines of Ningbo AT Import & Export Co were still running in full swing when the Global Times reporters visited its factory recently, as the company’s largest market is Europe and orders are fully booked until July. 

“Frankly, the US tariffs didn’t significantly impact our production. We were just less busy,” Chen Guihua, a staff member at Ningbo AT Import & Export Co., told the Global Times. 

Chen was among many export-related people who expressed confidence in China’s foreign trade, even when facing headwinds of uncertainty. Such confidence also came from the growth of Ningbo-Zhoushan Port.

The unmanned trucks, running between containers “hills” inside the Meishan port area, are a manifestation of surging trade, as they allow 24-hour operation, Hu Jinqu, head of the publicity department of Ningbo Zhoushan Port Group, told the Global Times.

“Bridge cranes can be controlled from an office kilometers away from the port, with the operation difficulty largely reduced. The task that is often described as ‘threading the needle in the sky’ is now simplified as ‘catching dolls in a claw machine’,” said Hu.

This represents part of the extensive infrastructure upgrading of the Ningbo-Zhoushan Port, which now has more than 630 berths across 20 port areas. Meanwhile, its sea-rail transport expands the service area to neighboring provinces.

The hard-core power of the Ningbo-Zhoushan Port also stems from its global connectivity, with 306 shipping routes connecting with more than 600 ports in over 200 countries and regions, according to the latest official data.

But more importantly, the people. The entire Chinese foreign trade sector has been striving to enhance its resilience.

Ningbo’s enterprises vividly embody the “sweet potato economy,” a theory that was scientifically explained by Xi as the Party chief of Zhejiang more than 20 years ago, symbolizing Zhejiang’s growth strategy, with local investments spreading globally like sweet potato vines, enhancing international engagement and strengthening the local economy.

Well-Prepared for Uncertainties

Zhu Guoqin, for example, said that she sensed the geopolitical uncertainties ahead last year and quickly adjusted her company’s target markets. 

In July 2024, Ningbo AT Import & Export Co. registered its own brands and opened flagship stores on Chinese e-commerce platforms, with domestic sales steadily increasing since the beginning of 2025. Additionally, in late 2024, the company applied to participate in South American trade fairs to explore new markets.

“These measures will likely offset the shortfall in US-bound orders in the second half of 2025,” Zhu Guoqin said. “We’ve weathered ‘tariff storms.’ Every challenge has a solution.” 

Many Chinese export companies had prepared for – could be as early as 2018 – the uncertainty aroused by the US tariffs.

Wang from the logistics company noted that “since the US-initiated trade war began in 2018, Chinese exporters have increasingly emphasized export diversification.”

The layout of diversifying trade partners has proven effective in Ningbo’s latest trade statistics. 

“In the first four months of 2025, the EU was Ningbo’s largest trade partner. It was the US in 2024,” Gao Xuefeng, deputy section chief of Logistics Supervision Section 3 in Daxie Customs affiliated with the Ningbo Customs, told the Global Times.

From January to April, trade between Ningbo and the US decreased by 0.4 percent year-on-year, despite a 2.8 percent growth in export. In contrast, Ningbo’s trade with the EU surged 18.6 percent year-on-year, whilst trade with ASEAN grew 22.7 percent. 

It is worth noting that for the trade volume under the multilateral mechanism, Ningbo witnessed a trade growth of 15.9 percent with BRI partner countries, accounting for 51.6 percent of total.

In the first four months, China’s total foreign trade with BRI partner countries surged 3.9 percent, accounting for 51.3 percent of its total. China’s foreign trade with ASEAN, its largest trade partner, grew 9.2 percent year-on-year, accounting for 16.8 percent of the country’s total, official data showed.

The continuous growth and expanding friend circles of China’s foreign trade can be seen from the evolution of the height of the bridge crane at ports. 

From a 32-meter-high bridge crane in 1999, working on the crane, to a 52-meter-high bridge crane, working remotely from an office, Zhu Shijie’s workplace transformation exemplifies this development.

“The change in height means a sixfold increase in cargo handling capacity. The 52-meter-high bridge crane, with 5G and other high-tech features, enables 24-hour cargo unload and upload operation for a ship carrying 24,000 TEUs – currently the world’s largest cargo ship,” said Zhu Shijie.

The crane upgrades align with surging cargo handling needs at the port. On its path to becoming a world-class port with hard-core strengths, Ningbo-Zhoushan Port is becoming an open hub, taking on the role of a global supply chain organizer and protector, reflecting the high-quality development and resilience of Chinese foreign trade.

This resilience is evident in both volume and structural optimization. Therefore, when Zhu Shijie presses the button for the new container milestone at the end of 2025, that container may well be heading to or coming from emerging markets or the Global South.

https://www.globaltimes.cn/page/202505/1334733.shtml

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SOURCE Global Times

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In HelloNation, Real Estate Expert Grace Frank Shares What to Know Before Relocating to Chattanooga

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CHATTANOOGA, Tenn., April 27, 2026 /PRNewswire/ — What should people consider before relocating to Chattanooga,TN? According to a HelloNation article, the move involves more than a change of address. Grace Frank of Grace Frank Group explains that housing options, schools, job opportunities, and lifestyle factors all play an important role in helping newcomers settle successfully in the city.

Housing is often the first decision to make. Chattanooga offers a wide range of real estate choices, from historic downtown homes to newer suburban subdivisions and rural properties with more space. Each option comes with trade-offs. Urban neighborhoods provide convenience and entertainment, suburban areas appeal to families with larger homes and school access, and rural living offers peace and quiet but may require longer commutes and fewer services.

Affordability is another factor that draws many people to the area. Compared to larger cities, Chattanooga’s housing prices and property taxes remain relatively moderate. Still, trends vary by neighborhood. Some areas near downtown are experiencing rapid growth and rising prices. Buyers and renters who study these patterns in advance are better able to match their budget with the right community.

For families, schools are central to the relocation decision. Hamilton County features public, private, and charter schools, each offering different strengths. Many families select neighborhoods based on school zones, while others consider private education or alternative programs. Reviewing school ratings, extracurricular options, and long-term academic opportunities helps ensure the best fit for children.

Employment opportunities also make Chattanooga an attractive place to move. The job market has been growing steadily, with strengths in logistics, healthcare, technology, and advanced manufacturing. Expansion from existing companies and new businesses entering the region have created stability in both housing and employment. Prospective residents, however, should review industry-specific opportunities to confirm their career goals align with local options.

Beyond housing, schools, and work, lifestyle factors help determine how well a move turns out. Chattanooga’s reputation as an outdoor destination is one of its strongest assets. Residents enjoy access to hiking trails, mountain biking, and water activities along the Tennessee River. The city also features cultural events, a thriving restaurant scene, and live music, making it appealing for those who want balance between work and recreation.

Planning the details of the move itself is just as important. A relocation checklist can simplify the process, including securing housing, transferring utilities, and registering vehicles. Those moving from out of state should also remember to update driver’s licenses, insurance, and voter registration. Attention to these details reduces stress and prevents unnecessary delays.

Local expertise can help make the transition smoother. A real estate professional who understands Chattanooga can guide newcomers through the city’s neighborhoods, school districts, and commuting options. Their insight can save time, prevent costly mistakes, and ensure that newcomers choose a location that fits both their practical needs and lifestyle goals.

Relocating to Chattanooga offers opportunities that combine affordability, career growth, and outdoor living. Families, retirees, and young professionals are all drawn to the area’s variety of neighborhoods, active lifestyle, and strong sense of community. With careful planning, the move can be both seamless and rewarding.

What to Know Before Relocating to Chattanooga highlights the most important factors for a successful transition. This is according to Grace Frank, Real Estate Expert of Chattanooga, TN, who provides practical advice for those considering a move in HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

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SOURCE HelloNation

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Hyperscale Data Subsidiary Ault Global Commodities Announces First Silver Purchase

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LAS VEGAS, April 27, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that its wholly-owned subsidiary Ault Global Commodities, Inc. (“AGC”) has completed its first purchase of physical silver, acquiring 10,000 ounces of .999 fine silver bullion. The transaction was executed through AGC’s strategic partner, Scottsdale Mint, LLLP, a leading private mint specializing in high-quality investment grade precious metals with which AGC has entered into a purchase and sale agreement (the “Agreement”).

This initial acquisition of silver under the Agreement marks the official launch of the Company’s precious metals strategy and represents a key step in the Company’s broader initiative to build a diversified commodities portfolio alongside its existing digital asset and AI operations, as well as its contemplated robotics plans, each as disclosed in prior press releases.

“This initial silver purchase represents more than merely an entry into precious metals; it reflects the continued evolution of the Company’s balance sheet,” stated Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “With more than $350 million in assets, including cash and Bitcoin, we are deliberately building a diversified balance sheet designed to endure across market cycles. We believe Bitcoin and precious metals will serve as foundational pillars of that strategy, combining the asymmetric upside of digital assets with the proven stability of hard commodities. As we continue to deploy capital, our objective is clear: Strengthen our asset base, expand our global portfolio of companies, and position Hyperscale Data to create long-term value through disciplined, opportunistic capital allocation.”

The Company expects AGC to make additional purchases in the future as it continues to scale its operations in the broader commodities sector.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

 

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SOURCE Hyperscale Data Inc.

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In HelloNation, Financial Advisor Jennifer Prosise of Joliet, IL Breaks Down When to Start Financial Planning

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JOLIET, Ill., April 27, 2026 /PRNewswire/ — When is the right time to begin financial planning? A recent HelloNation article featuring Financial Advisor Jennifer Prosise of The Voyager Group, Ltd. in Joliet, IL, explores why early financial planning can create lasting advantages, especially during key life transitions.

 

The article challenges the common belief that financial planning only becomes necessary later in life. According to the feature, waiting until retirement planning is urgent can limit flexibility and options. By starting earlier, individuals can make gradual adjustments that align with long-term goals and reduce financial stress over time.

Jennifer Prosise explains that financial planning is most effective when it starts at the moment questions begin to surface. The article notes that planning isn’t tied to age, but to life events, such as a career change, starting a family, or returning to school. These life transitions often reshape responsibilities and future priorities, making early financial planning both timely and practical.

One of the most valuable aspects of early financial planning is habit-building. The article emphasizes how small choices about income and savings, spending, or borrowing compound over time. Establishing a structure early creates momentum and makes it easier to adapt when circumstances shift.

Career changes are a key opportunity to begin planning. With changes in income, benefits, and risk, the article advises individuals to assess how income and savings can work together more efficiently. A financial advisor can help clarify goals and offer structure during times of professional change.

For growing families, financial planning provides support when expenses increase and new needs emerge. The article points out that early planning can balance short-term decisions with long-term goals like education costs, housing needs, or lifestyle flexibility. Financial clarity during these moments reduces uncertainty and helps families prioritize with confidence.

The article also highlights how education decisions, such as starting or returning to college, can benefit from early financial planning. Loans, tuition, and long-term earnings potential all come into play. Planning in advance helps individuals evaluate tradeoffs and avoid reactive decisions that may lead to unnecessary debt.

Entrepreneurs and small business owners also find value in starting early. Business ventures bring both opportunities and risks, and financial planning helps manage both. With income fluctuations and investment decisions to weigh, early structure ensures that personal and professional goals remain aligned.

The article explains that early financial planning also creates space for gradual change. Instead of making large corrections later in life, people can make smaller, more sustainable adjustments. This flexibility supports retirement planning over a longer horizon and builds resilience during financial shifts.

Jennifer Prosise also points out the emotional benefits of planning early. With a framework in place, people are less likely to feel overwhelmed during uncertain times. Financial planning reduces confusion and allows for steady progress toward long-term goals.

When It Makes Sense to Start Financial Planning features insights from Jennifer Prosise, Financial Advisor of Joliet, IL, in HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

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SOURCE HelloNation

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