| Abstract: | At present,China has a shipbuilding capacity of about 66 million dead weight tons (DWT).According to Shipbuilding Industry Restructuring and Revitalization Planning,China is targeting at taking a share of more than 35% in global shipbuilding completions in 2011,meaning a total production of 35 to 40 million DWT per year,of which 70% plus will be exported and the demand in domestic market totals 10 million DWT or so.Till then,more than one third of the constructed shipbuilding infrastructure is of overcapacities.Meanwhile,the shares of China-made high tech and high value-added ships and marine engineering equipments in global market are still low,which come to less than 10% and 5% respectively. |
