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Green Marine

about 15 years ago

Full steam ahead for shipbuilders’ plans to retain market position

China plans to maintain its current global market share of 40 percent in the shipbuilding industry during the next five years, further consolidating its dominant position in the field, said Zhang Guangqin, head of the China Association of the National Shipbuilding Industry. “To keep such a market sh

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China plans to maintain its current global market share of 40 percent in the shipbuilding industry during the next five years, further consolidating its dominant position in the field, said Zhang Guangqin, head of the China Association of the National Shipbuilding Industry. “To keep such a market share is by no means easy. China still lags behind South Korea and Japan in terms of technologies and production capability of high value-added vessels,” Zhang said in an exclusive interview with China Daily.

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