Xinhua
15 Oct 2024, 12:15 GMT+10
STORY: China's shipbuilding industry soars in Q1-Q3
SHOOTING TIME: recent footage
DATELINE: Oct. 15, 2024
LENGTH: 0:01:04
LOCATION: SHENYANG, China
CATEGORY: ECONOMYSHOTLIST:
1. various of shipbuilding industry
2. various of shipsSTORYLINE:China's shipbuilding industry reinforced its world-leading position with significant growth in the first three quarters of this year, according to data recently released by the Ministry of Industry and Information Technology (MIIT).From January to September, China completed shipbuilding projects totaling 36.34 million deadweight tonnes (DWT), an increase of 18.2 percent compared to the same period last year. New orders surged to 87.11 million DWT, reflecting a remarkable year-on-year growth of 51.9 percent. By the end of September, the order book stood at 193.3 million DWT, up 44.3 percent from the previous year.MIIT data demonstrate China's dominant position in the global shipbuilding market. In the first three quarters of this year, the country's shipbuilding completions, new orders, and order book as measured by DWT accounted for 55.1 percent, 74.7 percent, and 61.4 percent of global totals, respectively.Xinhua News Agency correspondents reporting from Shenyang, China.
(XHTV)
Get a daily dose of Shanghai Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Shanghai Sun.
More InformationKOKOMO, Mississippi: Myrtle, a beloved pet tortoise, is back with his family in Mississippi after being lost for weeks during a deadly...
NEW YORK CITY, New York: The helicopter tour company involved in a recent crash that killed a pilot and a visiting family from Spain...
WASHINGTON D. C.: President Donald Trump's administration announced late last week that it would stop all federal education funding...
JAKARTA, Indonesia: Indonesia is preparing a high-level visit to Washington with an ambitious offer to avert steep U.S. tariffs on...
WASHINGTON, D.C.: The U.S. Military Academy and the U.S. Air Force Academy will no longer use race when deciding who gets in. For many...
HONG KONG: Hong Kong's last major opposition party has begun the process of dissolving, a symbolic end to decades of pro-democracy...
GANAPAVARAM, India/GUAYAQUIL, Ecuador: India's shrimp exporters are facing mounting uncertainty as new U.S. tariffs threaten to disrupt...
ABOARD AIR FORCE ONE/TOKYO: U.S. President Donald Trump reaffirmed his opposition to a foreign takeover of U.S. Steel, casting renewed...
TOKYO, Japan: As Japan prepares for critical trade talks with the United States, a top policymaker has stressed the need to strengthen...
BEIJING, China: Tesla has halted new orders in China for its two U.S.-made premium models as trade tensions between Washington and...
NEW DELHI, India: India is pushing to fast-track a trade agreement with the United States following a temporary pause on new tariffs,...
HANOI, Vietnam: Vietnam is preparing a series of trade enforcement measures as it scrambles to shield itself from sweeping U.S. tariffs,...