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China’s Guangzhou to set up shipping company in free trade zone

( June 19, 2015, 04:25 GMT | Insight) -- China's southern city of Guangzhou will set up a shipping company in the Nansha New Area Subdistrict in the China (Guangdong) Pilot Free-Trade Zone, China News Service reported yesterday, citing an official from the Guangzhou Port Authority. The compan...China's southern city of Guangzhou will set up a shipping company in the Nansha New Area Subdistrict in the China (Guangdong) Pilot Free-Trade Zone, China News Service reported yesterday, citing an official from the Guangzhou Port Authority. The company is part of a plan to develop Guangzhou into an international shipping hub in three years. The plan has been submitted to the government for approval. The proposed company will be engaged in shipping, shipping finance, bulk commodities trading, payment and settlement, as well as shipbroking, the report cited the official as saying....

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