Connect with us

Technology

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

Published

on

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

View original content:https://www.prnewswire.com/news-releases/global-times-ningbo-zhoushan-ports-global-connectivity-seen-from-a-small-button-controlling-bridge-crane-302465007.html

SOURCE Global Times

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

King’s College and eCampus.com Expand Partnership with Launch of Equitable Access Program

Published

on

By

Launching Fall 2026, the Monarch Access program aims to deliver affordable course materials for King’s College undergraduate students.

LEXINGTON, Ky., June 15, 2026 /PRNewswire/ — King’s College, a private Catholic university in Wilkes-Barre, Pennsylvania, has announced an expansion of its partnership with eCampus.com to support the launch of Monarch Access, a new course materials delivery program beginning in Fall 2026. Designed as an Equitable Access initiative, the program will provide undergraduate students with access to required textbooks and digital course materials on or before the first day of class, to help reduce overall expenses and improve access.

eCampus.com and King’s College first partnered in 2021 to enhance the College’s retail and course materials operations. Through this collaboration, eCampus.com manages Monarch Outfitters, the College’s campus store, and provides its online bookstore platform. Building on this foundation, King’s College has worked with eCampus.com to evaluate forward-looking solutions that better meet student needs. The resulting equitable access model, Monarch Access, represents the next step in delivering a more convenient, cost-effective, and inclusive course materials experience.

Through eCampus.com’s technology platforms, students will automatically receive all required course materials based on their class schedules. Physical textbooks will be delivered to campus for pickup at Monarch Outfitters, while digital materials will be provided through Moodle, the College’s learning management system, or through eCampus.com’s personalized digital bookshelf. eCampus.com will integrate directly with King’s College Student Information System, enabling students to access their customized student dashboard through Single Sign-On (SSO), simplifying the process and removing barriers to access.

“At King’s College, we are always seeking opportunities to enhance the student experience while remaining faithful to our mission of making a high-quality education accessible and transformative,” said Rev. Thomas P. Looney, C.S.C., Ph.D., president of King’s College. “eCampus.com has been a trusted partner for several years, and the launch of Monarch Access reflects our shared dedication to innovation, affordability, and student success. This program will ensure that students begin each semester with all the course materials needed to set them up for success.”

The Monarch Access program stands out for its focus on textbook affordability and reducing the financial strain on students and the stress associated with attaining the correct course materials. Faculty are encouraged to choose cost-effective, yet quality content that best serves the needs of the students. This approach is supported by enhanced software offering transparent pricing and the inclusion of Open Educational Resources (OER), fostering informed academic choices.

“Access to affordable course materials plays a vital role in supporting student achievement,” said Matt Montgomery, President and CEO of eCampus.com. “Through Monarch Access, we’re deepening our partnership with King’s College to deliver a streamlined, inclusive solution that ensures students are prepared from the first day of class. By removing barriers to access and reducing costs, this program helps create a stronger foundation for student success.”

About King’s College
King’s College is a Catholic institution of higher education animated and guided by the Congregation of Holy Cross. King’s pursues excellence in teaching, learning, and scholarship through a rigorous core curriculum, major programs across the liberal arts and sciences, nationally accredited professional programs at the undergraduate and graduate levels, and personal attention to student formation in a nurturing community. To learn more about King’s College, please visit kings.edu.

About eCampus.com
eCampus.com is a premier online retailer of textbooks and digital course materials. Consistently exceeding industry standards, eCampus.com’s mission is to provide the easiest, fastest, and most affordable way for K-12 and higher education students to buy, rent, or sell textbooks and digital content. Founded on July 2, 1999, eCampus.com reshaped the textbook industry by taking the traditional college bookstore online. Remaining an edtech leader in future-proof course material solutions, eCampus.com serves over 400 schools, colleges, and universities. Their comprehensive course material solutions suite includes full-service online bookstores, inclusive access and equitable access programs, and expert campus store operations and management. Through products that simplify the adoption, management, and procurement of course materials, eCampus.com propels student success by delivering the right course materials, at the right time, and the right price. Learn more at ecampus.com and ecampushighered.com.

Press Contact:

Tiffaney Lavoie
859-514-6885
https://www.ecampus.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/kings-college-and-ecampuscom-expand-partnership-with-launch-of-equitable-access-program-302800000.html

SOURCE eCampus.com

Continue Reading

Technology

MEXC Releases June 2026 Proof of Reserves with 156.5% Average Reserve Ratio Across Major Assets

Published

on

By

VICTORIA, Seychelles, June 15, 2026 /CNW/ — MEXC, a pioneer in 0-fee digital asset trading, has released the June 2026 Proof of Reserves (PoR) report, showing an average reserve ratio of 156.5% across major assets, including a 269% reserve ratio for BTC. The report confirms that MEXC reserves exceed user balances, ensuring user assets on the platform are fully backed.

MEXC’s June audit report details the following major asset reserve ratios:
BTC: 269%, with total wallet assets of 12,656 BTC covering 4,699 BTC in user holdings
ETH: 118%, with total wallet assets of 77,527 ETH covering 65,625 ETH in user holdings
USDT: 114%, with total wallet assets of 2.14 billion USDT covering 1.88 billion USDT in user holdings
USDC: 125%, with total wallet assets of 95.4 million USDC covering 76.1 million USDC in user holdings

MEXC employs Merkle Tree cryptographic verification as the foundation of the PoR system. This allows users to independently verify that their individual balance is included in the platform’s reserves, without exposing any other user’s data. To further enhance security, MEXC partners with Hacken, a leading blockchain security audit firm, to conduct independent monthly PoR audits.

In addition to the PoR, MEXC has implemented a series of measures to further protect user assets. User assets are stored across both cold and hot wallets to ensure the security of funds. The MEXC Futures Insurance Fund covers losses that exceed margin levels, reducing the impact of liability spillover on user assets. Designed to protect users across all market cycles, the MEXC Guardian Fund holds reserves in both USDT and BTC, ensuring immediate liquidity and long-term resilience. The fund plans to reach $500 million within the next two years. The Guardian Fund’s wallet addresses are publicly disclosed, enabling users to verify reserve holdings at any time. These initiatives underscore MEXC’s commitment to building a resilient trading environment.

To view the latest Proof of Reserves snapshot and audit report, please visit here.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website X TelegramHow to Sign Up on MEXC

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/mexc-releases-june-2026-proof-of-reserves-with-156-5-average-reserve-ratio-across-major-assets-302800091.html

SOURCE MEXC

Continue Reading

Technology

Trust3 AI Joins NVIDIA Inception Program to Accelerate Adoption of Data and AI

Published

on

By

SAN FRANCISCO, June 15, 2026 /PRNewswire/ — Trust3 AI today announced its acceptance into the NVIDIA Inception program, further validating its position as the one Control Plane enterprises trust to govern any data and any agent, across any framework or cloud. NVIDIA Inception is a program designed to nurture startups revolutionizing industries with technological advancements. This milestone, alongside Trust3 AI’s membership in the Snowflake Startup Accelerator confirms that the three of the most influential AI and data platforms have aligned behind a single, unified trust layer purpose-built to accelerate data and AI adoption at enterprise scale.

Through the NVIDIA Inception program, Trust3 AI gains access to cutting-edge GPU infrastructure, developer resources, and technical training that directly power the real-time enforcement decisions at the heart of its One Control Plane. As enterprises push more agents across more frameworks and more data platforms simultaneously, compute performance is not optional. It is the foundation that makes governing any data and any agent, at the moment of action, operationally viable. NVIDIA’s hardware and ecosystem accelerate exactly that: the low-latency, high-throughput execution layer that allows Trust3 AI to discover every agent, trace every decision, and enforce every policy without adding friction to AI adoption.

The One Control Plane architecture is built to govern any data and any agent, regardless of where they run. Trust3 AI integrates natively across Databricks, Snowflake, BigQuery, and 50+ data platforms, enforcing a unified policy layer without proxies, rebuilds, or vendor lock-in. That cross-platform reach is precisely why Databricks recognized Trust3 AI as a trusted innovator within its ecosystem.

“Joining NVIDIA Inception is more than a milestone for us. It strengthens the compute foundation required to deliver real-time policy enforcement for agent workloads at enterprise scale while maintaining the performance customers expect. This is exactly what our joint customers need as they move from pilots to production-scale agent deployments on Snowflake Cortex and Databricks Agent Bricks. For our Snowflake and Databricks partners, it’s an early signal of how Trust3 AI plans to become an even tighter fit into a stack their customers have often already standardized on,” said Christophe Hassaine, VP of Alliances at Trust3 AI.

The results are already visible in production. According to the CIO of a Fortune 50 healthcare company: “Operating across multiple clouds and data platforms, governance complexity has historically slowed our ability to operationalize AI. With Trust3 AI, we now have a unified trust layer that consistently governs both our data and AI systems, significantly accelerating enterprise-wide adoption while maintaining the strict security, compliance, and visibility standards required at our scale.”

That outcome, one control plane governing any data and any agent across every cloud and platform simultaneously, is precisely what Trust3 AI is built to deliver.

Trust3 AI is the One Control Plane for any data and any agent, discovering every agent across every framework, observing every decision in real time, and securing every action before it reaches data. Regardless of whether agents run on Databricks Agent Bricks, Snowflake Cortex, AWS Bedrock, or custom builds, a single enforcement layer governs them all. That is the architecture enterprises need to accelerate data and AI adoption without sacrificing visibility, compliance, or control. The One Control Plane delivers this through four interlocking capabilities:

Data Access: One policy, enforced natively across any data, with row-level, column-level, and tag-based controls spanning Snowflake, Databricks, BigQuery, and 50+ platforms, with no proxies and no rebuilds.Agent Discovery: One inventory of every agent, auto-discovered across any framework, from Databricks Agent Bricks and AWS Bedrock to Copilot Studio and custom builds, each assigned a continuous Trust Score the moment it appears.Agent Observability: One audit trail for every decision, with end-to-end traces, real-time PII leakage detection, scope drift identification, and one-click evidence packs pre-mapped to the EU AI Act, HIPAA, and NIST.Agent Security: One enforcement layer for every action, with purpose-based access controls, MCP and A2A protocol security, and runtime guardrails that fire before any agent touches data, regardless of the framework it runs on.

About Trust3 AI

Trust3 AI is the One Control Plane for any data and any agent, built to discover every agent, observe every decision, and secure every action across any framework, any cloud, and any data platform. The platform is powered by a Unified Trust Layer built on AI-native metadata and context, engineered by the architects behind Apache Ranger and Apache Atlas, the access control and metadata standards running in thousands of regulated enterprise environments today. Trust3 AI aligns natively with NIST AI RMF, OWASP LLM Top 10, EU AI Act, GDPR, and HIPAA, and based on customer deployments delivers 10x faster time to production, an 84% reduction in audit prep time, and zero standing access. The One Control Plane is already in production at Fortune 500 enterprises including Apple, Comcast, Nike, Intuit, Amgen, Northwestern Mutual, Autodesk, and Zillow. For more information, visit trust3.ai.

Media Contact:
Ibby Rahmani, Head of Marketing
(510) 413-7300
ibby@trust3.ai

View original content to download multimedia:https://www.prnewswire.com/news-releases/trust3-ai-joins-nvidia-inception-program-to-accelerate-adoption-of-data-and-ai-302800063.html

SOURCE Trust3 AI

Continue Reading

Trending