Cash poured into deep-water harbour
China is slated to invest 12 billion yuan (US$1.45 billion)
in the first phase of a deep-water harbour project to strengthen
Shanghai's position as an international shipping centre.
The Yangshan deep-water harbour project, located in the city of
Zhoushan in East China's Zhejiang Province, consists of five container
berths, a 32-kilometre-long bridge connecting Shanghai's Luchao
Harbour and Yangshan port in Zhoushan.
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