Analysis-China seeks high-tech upper hand in industry carrying 80% of global trade

Beijing, Nov 10 - China is seeking a high-tech edge in global trade, with the aim of dominating the industry that accounts for more than 80% of trade by volume. The Mawan Terminal in Shenzhen, featuring driverless trucks, remote-controlled cranes and AI-powered systems, exemplifies China's vision for forward-thinking ports. Beijing's push for digital transformation of port operations, including electronic bills of lading and AI-powered customs databases, could give it strategic advantages but also raise concerns about potential coercion or espionage.

The country currently leads in port automation, with 60 automated terminals, and aims to have 90 by 2030. This technology has already accelerated the flow of Chinese goods to global markets. While China's network of high-tech ports provides a testbed for its technologies, exporting them abroad has proven challenging due to opposition from Western firms.

China has invested heavily in port equipment globally and is keen to promote its software solutions, despite facing obstacles. The country's long-term approach and significant financial backing could potentially shape the future of maritime trade and supply chains.