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Singapore ranked second, and the development of various industries ushered in new challenges

Yangshan Port has become a major port in the world, which has attracted extensive attention all over the world. Among them, the industrial development in Singapore has been greatly affected. Why on earth?

It turns out that after the official launch of Yangshan Port, Singapore can only retreat to the second place in the port industry, but the port is an important pillar of Singapore's economic development, and the logistics industry accounts for 9.5% of Singapore's GDP.

With the help of its island advantages, Singapore has increased the development of its domestic logistics industry since the 1990s. With the support of government policies, Singapore's logistics industry has developed rapidly.

In Singapore, the number of Companies in the logistics industry has reached more than 8000, with more than 180000 staff engaged in the industry. Among the world's top 50 logistics companies, more than 25 have established Asian headquarters in Singapore.

Singapore can not become a member of developed countries without the support of ports. With the development of its domestic ports, Singapore can earn a revenue of US $2 trillion every year only by virtue of futures trading. Singapore has also become a major financial center in the world, bringing a lot of revenue and jobs.

In short, the development of most industries in Singapore is inseparable from the support of ports. Therefore, after Yangshan Port occupies the position of the world's first port, the development of various industries in Singapore has naturally ushered in new challenges.

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