China leads in shipbuilding

Orders for China's rebounding shipbuilding industry reached the top place in the world in the past 11 months, surpassing its counterpart South Korea, according to an international industrial analysis agency.

According to the data released by British shipbuilding and marine analysis agency Clarkson Research Services on Friday, from January to November, China's shipbuilding order volume totaled 7.13 million compensated gross tons from 324 vessels, followed by South Korea, which has received 5.74 CGT.

It is the first time in the past seven years China has exceeded South Korea in shipbuilding orders.