China’s Fujian province, on the country’s southeast coastline, has started a restructuring of the region’s port assets to optimise operating efficiency in response to the central government’s call to shed overcapacity in the port sector.
According to Xiamen Port, the State-owned Assets Supervision and Administration Commission (SASAC) will establish Fujian Port Group and integrate all the port assets in the province.
Xiamen Port, Quanzhou Port and Fuzhou Port are the three major seaports in Fujian.
China has been consolidating its port assets over the past few years. Major shipping provinces including Jiangsu, Zhejiang, Shandong and Liaoning have all completed the establishment of their respective regional port groups.