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China’s shipbuilding industry continues leading position globally: ministry

Abstract : China's shipbuilding industry maintained its leading position globally in the first half of the year (H1) as it held sway in three key aspects, the Ministry of Industry and Information Technology has said.

BEIJING, July 19 (Xinhua) — China’s shipbuilding industry maintained its leading position globally in the first half of the year (H1) as it held sway in three key aspects, the Ministry of Industry and Information Technology has said.

The completion volume of shipbuilding in China, dropping by 10.6 percent year on year to 17.58 million deadweight tonnes (dwt) in H1, accounted for 37.2 percent of the global market share.

New shipbuilding orders, up by 3.4 percent from last year to reach 12.47 million dwt in H1, took up 67.5 percent of the market share worldwide.

The volume of holding orders, down by 6.3 percent year on year to 76.54 million dwt in H1, accounted for 48.2 percent of the global market share. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China’s shipbuilding industry continues leading position globally: ministry

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