NINGBO, Jan. 3 (Xinhua) -- The China Ningbo Containerized Freight Index (NCFI), a wind vane of China's busiest port's freight rates for the international container shipping market, stood at 1,001.2 points Friday, up 3 percent against last week.

The NCFI is issued weekly by the Ningbo Shipping Exchange, located in the Ningbo-Zhoushan port in east China's Zhejiang Province.

The index calculates and records the container freight rates of 21 routes departing from the Ningbo-Zhoushan port, including a composite index and 21 indexes of branch routes.

Reported every Friday (except Chinese holidays), the NCFI was first published in September 2013. Enditem

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