China’s dominance in global trade infrastructure took center stage at the 2024 China Development Forum, where A.P. Moller-Maersk’s North Asia Chief Representative Jens Eskelund emphasized the nation’s “critical position” in worldwide logistics networks. Eskelund revealed that China accounts for over one-third of global container shipping volume, adding that “no other country can compare” in export scale or market share.
This revelation underscores China’s unparalleled integration into international supply chains, driven by its advanced ports, manufacturing hubs, and digital logistics innovations. For businesses and investors, the data reinforces the importance of China-focused strategies amid shifting trade dynamics and growing demand for Asian exports.
Academics note the figures reflect decades of infrastructure investment and regional connectivity initiatives. Meanwhile, Asia’s diaspora communities and global readers gain insight into economic developments shaping cross-border enterprises and employment trends. As supply chains evolve post-pandemic, China’s role remains foundational to both regional stability and worldwide commerce.
Reference(s):
Maersk: China holds 'critical position' in global supply chains
cgtn.com