Thu, Oct 11, 2012 - Page 14 News List

[ BUSINESS BRIEFS ]

Staff writer, with Agencies

Government assistance will also include increased investments and providing help to access foreign exchange, the Transport Ministry said in a statement on its Web site.

No further details were provided.

Private operators are also encouraged to form alliances and cooperate with state-owned companies, the ministry said.

The authorities in Beijing want Chinese shipping companies to “forge international brands,” “become big and strong” and “have international competitiveness,” the ministry said in the statement.

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