Chinese city set to become major shipping hub

July 25th, 2012 - 10:38 pm ICT by IANS  

Beijing, July 25 (IANS) China plans to turn its coastal city of Xiamen facing the Taiwan Strait into a major shipping hub.

Part of the plan is to build a 100,000-tonne luxury cruise liner, a shipping terminal and a business centre, the Global Times reported Wednesday.

The Southeast China International Shipping Centre project will cost nearly 17 billion yuan (about $2.6 billion), Xiamen deputy mayor Kang Tao said.

The move is expected to spur economic growth.

Xiamen, known for its export-oriented factories, has become one of the country’s top leisure and relaxation destinations in recent years.

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