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First African logistics center in Tianjin
POSTED: 1:39 p.m. EDT, October 7,2007
China¡¯s first African logistics terminal, which is seen as an important development in Sino-Africa trade relations, has opened in Tianjin, seen here, north China¡¯s biggest port city.

The Tianjin Port GMT Africa International Logistics Terminal, located in the Tianjin Port Free Trade Zone, covers an area of 60,000 square meters including a 5,500-square-meter warehouse.

The terminal will deal with Sino-Africa imports and exports.

Trade between China and Africa has witnessed rapid development in recent years. Statistics show Sino-Africa trade volume brought in $55.5 billion in 2006, up 40% over the same period of 2005.

Sino-African trade volume through Tianjin port reached 3.36 million tons in 2006, up 63.3%.

From: Chinaeconomicreview
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