Shipbuilder plans to integrate civilian, military businesses

State-owned CSIC says competition in the industry will remain fierce

State-owned China Shipbuilding Industry Corp, one of the country's two major shipbuilding conglomerates and the primary contractor for China's naval force, will focus on 10 areas to integrate its civilian and military businesses over the next five years, the company's president said on Wednesday.

Sun Bo said CSIC will focus on offshore engineering products, power, electronic information and intelligent equipment, mechanical and electrical equipment, underwater defense, new energy, new material and environmental protection products, healthcare and modern services.