Chancay-Shanghai shipping route boosts bilateral trade
The Chancay-Shanghai direct shipping route, a maritime corridor linking China and Peru, has seen its import and export value exceed 5 billion yuan ($707 million) with a total cargo volume of 197,000 tons.
Since its launch in December 2024, the route has significantly boosted trade, contributing to a 47.1 percent year-on-year increase in Shanghai's foreign trade with Peru in the first ten months of this year.
By cutting the shipping time between the two countries from around 35-40 days to just 23 days, the route has reduced logistics costs by more than 20 percent.
It has become an important economic corridor not only for China and Peru but also for trade between China and Latin America as a whole.
From January to September, Peru's export volume grew by 17.3 percent compared to the same period last year, with China remaining its largest export destination, according to Peruvian official statistics.
About 42 percent of Peru's exports to China are agricultural products, including avocados and blueberries.
To ensure the efficient clearance of these fresh fruits, Shanghai Customs has created a green channel.
The customs authority guides enterprises with pre-declaration and document processing, and provides round-the-clock appointment-based inspection services.
Smart technologies, such as the comparison of fruit cold treatment data and the intelligent inquiry assistant for overseas enterprises, are used to accelerate on-site inspection.
The Chancay-Shanghai shipping route also supports the export of Chinese products. A total of 5,948 Chinese-made vehicles had been shipped to Peru via this route by the end of November.
Source: Shanghai Observer