( – FocusAsia Media Ltd

BEIJING, Jul 27 (FAM) – China Cosco Shipping has signed a strategic agreement with Wuhan government for a series of shipping and logistics collaborations, including plans to set up its Yangtze River headquarters in Wuhan to develop river to ocean shipping routes, automobile shipping and intermodal logistics.

According to chairman of China Cosco Shipping, Xu Lirong, the company will use Wuhan’s strategic location to develop a comprehensive logistics hub on the Yangtze River, which will facilitate a wider range of cooperation in the region.