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Ship sector plan draws lofty goals

By Zheng Lifei | China Daily | Updated: 2009-06-05 08:11

Ship sector plan draws lofty goals

People work in a shipyard in Chongqing. CFP

China expects its shipyards to have 50 million deadweight tons (DWT) in annual capacity by 2011 and account for at least 35 percent of the global total by then, a detailed industry stimulus plan issued by the Ministry of Industry and Information Technology (MIIT) yesterday outlined.

Ship sector plan draws lofty goals

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