Shanghai Shipping Exchange: Transportation market continues to improve, market freight rates remain on the rise.

Shanghai Shipping Exchange: This week, the Chinese export container shipping market continued to show positive momentum, with freight rates on long-haul routes maintaining an upward trend and the composite index continuing to rise. According to the latest data released by the National Bureau of Statistics, profits of industrial enterprises above a designated size in April increased by 24.7%, reaching the highest level since November 2023. Industrial production has continued to grow rapidly, driving the accelerated growth of industrial enterprise profits, showing a good growth momentum in the Chinese economy. On May 29, the Shanghai Export Container Comprehensive Freight Index was 2571.73 points, up 15.9% from the previous period.