Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's shipbuilding sector continues to lead in world market

April 24, 2022


Abstract : China remained the world's leading shipbuilder in the first quarter of the year, taking up nearly half of the international market share in terms of output and new and holding orders, data from the Ministry of Industry and Information Technology showed.

A staff member works at a shipbuilding workshop in the Yangpu Bonded Port Area in Yangpu, south China's Hainan Province, Dec. 3, 2021. (Xinhua/Pu Xiaoxu)

BEIJING, April 23 (Xinhua) -- China remained the world's leading shipbuilder in the first quarter of the year, taking up nearly half of the international market share in terms of output and new and holding orders, data from the Ministry of Industry and Information Technology showed.

The country's shipbuilding output hit 9.61 million deadweight tonnes in the period, accounting for 46.2 percent of the world's total, up 2.8 percentage points year on year, according to the ministry.

New orders, another major indicator of the shipbuilding industry, stood at 9.93 million deadweight tonnes, with the global market share up 1.2 percentage points year on year to 48.6 percent.

China's shipbuilding holding orders totaled 99.1 million deadweight tonnes at the end of March. The volume took up 47.3 percent of the market share globally, up 2.7 percentage points from the same period last year.

Scan the QR code and push it to your mobile phone

Keyword: shipbuilding industry

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial