The output of China's shipbuilding industry
reached a record 14.52 million dwt in 2006, making up close to one-fifth of the
global total for the same year, according to official statistics.
The Commission of Science, Technology
and Industry for National Defense (CSTIND) announced on Tuesday that the output
of 2006 was 20 percent higher than that of the previous year.
A picture taken from the Jinling
Shipyard in Nanjing City, East China's Jiangsu Province, on January 31st,
According to the CSTIND, China's top two shipbuilding giants, the China State
Shipbuilding Corporation (CSSC) and the China Shipbuilding Industry Corporation
(CSIC), reported annual output of 6.02 million dwt and 2.67 million dwt
respectively. The rest of the market was covered by local shipbuilding
China's shipbuilding companies received new orders totaling 42.51 million dwt
last year, bringing the total ship orders to 68.72 million dwt, or 24 percent of
the global total.
Last year was the 12th consecutive year that China ranked as the third
largest shipbuilder in the world, following the Republic of Korea (ROK) and
Japan. China has narrowed the distance behind the ROK and Japan in output in the
past two years, according to the CSTIND.
China is expected to become the world's biggest shipbuilder by 2015, said
Chen Xiaojin, general manager of the CSSC.
Zhang Guangqin, chairman of the China Association of National Shipbuilding
Industry, said the output of large oil tankers accounted for 51 percent of
China's total shipbuilding output last year.
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