Xi’s economic planners may for the first time emphasize “population policies” over gross domestic product in the country’s next development blueprint, said the person, who asked not to be identified because the talks are private. The focus sets the stage for a host of rule changes regarding health, pensions, social welfare and possibly lifting the caps on children some families can have, the person said.
More than three decades into an industrial boom that has created the world’s second-largest economy, China’s struggling to get rich before it grows old. The working-age population shrank for the first time in at least two decades last year as growth slowed, echoing Japan’s downturn in the late 1990s. As part of the shift, the party may lower its hard growth target of 7 percent to a range between 6.5 percent and 7 percent and make that a flexible guideline, the person said.
Mu Guangzong, a professor at Peking University’s Institute of Population Research, said that avoiding the same fate requires immediate action to loosen birth limits and strengthen the social safety net for the elderly.
Toyota Motor Corp (7203.T) and rival global automakers are looking to divert shipments to Shanghai and other ports from Tianjin after massive explosions last week disrupted operations indefinitely at China's largest auto import hub.
Authorities have restricted access to areas affected by the Aug. 12 blasts at a hazardous chemicals warehouse which killed at least 114 people. Automakers are struggling to reach lots and warehouses to assess damage and clear thousands of charred cars to make facilities usable, though the port continues to operate.
On Wednesday, Renault SA (RENA.PA) and Subaru maker Fuji Heavy Industries Ltd (7270.T) said they would re-route imports to Shanghai, while Hyundai Motor Co (005380.KS) said it would send further shipments to Shanghai and Guangzhou.
Toyota is considering re-routing imports to Shanghai and Dalian which have enough capacity to prevent any significant logistical problems, a senior Beijing-based executive said.
"Port of Tianjin will likely be unusable for a long while, although I have no idea at the moment how long these disruptions would last," said the executive, who was not authorised to speak with media on the matter and so declined to be identified.
Toyota suspended its two final assembly lines near Tianjin port on Monday to Wednesday, partly to assess any damage. It made 432,340 cars at the plants last year, and is likely to lose 2,200 a day due to the blasts, said researcher IHS Automotive.
Tianjin, regarded as a gateway to China's industrial northeast, handles 40 percent of car imports in the world's biggest auto market. But the explosions are likely to hamper normal operations for at least a couple of months, said IHS.
Xinhua said one of the "ignition points" came from within an automobile distribution area near the blast site and the other three were within the central blast area.
|Port of Tianjin |
|Logo of the Port of Tianjin|
|Country||People's Republic of China|
|Coordinates||38°58'33" N 117°47'15" E|
|Opened||1860 (Port of Tanggu); 1952-10-17 (Tianjin Xingang reopening)|
|Operated by||Tianjin Port Group Ltd|
|Owned by||Tianjin State-owned Assets Supervision and Administration Commission|
|Type of harbor||Deep-water Seaport/Riverport|
|Land area||121 km2|
|Size||260 km2 (470 km2 total jurisdictional area)|
|Available berths||217; Production Berths: 140 (2010)|
|UN/LOCODE||CNTXG or CNTSN (formerly CNTJP/CNTGU)|
|World Port Index Number||60190|
|Nautical Charts||94363/0 (NGA/NIMA); 2653/4 (Admiralty); 11773/4(Chinese)|
|Annual cargo tonnage||500 million tonnes (2013)|
|Annualcontainervolume||13 million TEU (2013)|
|Value of cargo||197.249 billion USD (2011)|
|Passenger traffic||110,000 cruiser passengers (2012)|
|Annual revenue||21.5 billion RMB (2011)|
|Net income||1.678 billion RMB (2011)|
|This article contains Chinese text.Without proper rendering support, you may see question marks, boxes, or other symbols instead of Chinese characters.|
The Port of Tianjin (Tianjin Gang, Chinese: 天津港; pinyin: tiānjīn gǎng), formerly known as the Port of Tanggu, is the largest port in Northern China and the main maritime gateway to Beijing. The name "Tianjin Xingang" (Chinese: 天津新港; pinyin: tiānjīn xīngǎng; literally: "Tianjin New Port"), which strictly speaking refers only to the main seaport area, is sometimes used to refer to the whole port. The port is on the western shore of the Bohai Bay, centred on the estuary of the Haihe River, 170 km southeast of Beijing and 60 km east of Tianjin city. It is the largest man-made port in mainland China, and one of the largest in the world. It covers 121 square kilometers of land surface, with over 31.9 km of quay shoreline and 151 production berths at the end of 2010.
Tianjin Port handled 500 million tonnes of cargo and 13 million TEU of containers in 2013, making it the world's fourth largest port by throughput tonnage and the ninth in container throughput. The port trades with more than 600 ports in 180 countries and territories around the world. It is served by over 115 regular container lines. run by 60 liner companies, including all the top 20 liners. Expansion in the last two decades has been enormous, going from 30 million tonnes of cargo and 490,000 TEU in 1993 to well beyond 400 million tonnes and 10 million TEU in 2012. Capacity is still increasing at a high rate, with 550–600 Mt of throughput capacity expected by 2015.
The port is part of the Binhai New Area district of Tianjin Municipality, the main special economic zone of northern China, and it lies directly east of the TEDA. The Port of Tianjin is at the core of the ambitious development program of the BNA and, as part of that plan, the port aims to become the primary logistics and shipping hub of North China.
On 12 August 2015, at least two explosions within 30 seconds of each other occurred at a container storage station at the Port of Tianjin in the Binhai New Area of Tianjin, China. The cause of the explosions was not immediately known, but initial reports pointed to an industrial accident. Chinese state media said that at least the initial blast was from unknown hazardous materials in shipping containers at a plant warehouse owned by Ruihai Logistics, a firm specializing in handling hazardous materials.