China And The Philippines Jointly Build a New Hub Of The Maritime Silk Road! The Seaport Became a Sister Port With The Port Of Cebu

Under the framework of "Belt and Road" cooperation, China Sea Port and Cebu Port of the Philippines officially signed a strategic cooperation agreement, and the two sides will share a port digital system to realize real-time exchange of cargo information. After the cooperation, the berthing efficiency of ships on the China-Philippines route will be increased by 40%, and the container transfer cost will be reduced by 15%. The Philippine Commercial Counselor in China said that the trade volume between China and the Philippines is expected to exceed 80 billion US dollars in 2024, and the port linkage will become the core engine of bilateral trade growth.