International shipping, also known as international 

maritime transport, is the dominant mode of transport 

for world trade. Maritime transport is superior to the 

other modes of transport in carrying capacity and 

freight rate. According to the Announcement of China’s 

Maritime Day 2023, as China is the world’s largest 

trading nation and the second largest economy, 

international shipping carries about 95% of China’s 

import and export cargo volume.

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