China Shipbuilding Industry Overview

Aug, 25, 2016, Mumbai, India: Market Reports on China presents the report, on “China Shipbuilding Industry Overview, 2016-2020”. China becomes a leading power of shipbuilding after the international transfer of this industry with low technologies.

Shipbuilding is closely related to industry, transportation, mining, economy growth and trade volume as a base of the national economy. Therefore, the shipbuilding industry is typically periodic with high sensitivity towards external economic policies. The downstream demand for cargo transportation increases significantly with the sales of raw materials and finished products so it stimulates the profits of shipbuilding enterprises and vice versa . "http://www.marketreportsonchina.com/industry-mfg-market-research-reports-3748/china-shipbuilding-industry1.html"

Enterprises of South Korea possess advantages in high-end shipbuilding market, while those of China occupy higher shares in conventional market with advantages of scale and cost and those of Japan possess advantages of equipment technologies.

China becomes a leading power of shipbuilding after the international transfer of this industry with low technologies. At present, the shipbuilding industry is transferring towards the second phase in China, which refers to high technology and support equipment. Ships already built or under construction cover those of chemicals, ro-ro or passengers, liquefied petroleum gas (LPG), large-scale containers and ocean petroleum platforms, leading to a structure transfer. Meanwhile, the global ship supporting industry transfers towards China in diversified ways such as overall transfer of partial industries, the transfer of manufacturing procedures, centers, R&D as well as procurement.

Shipbuilding enterprises are large in number but low in concentration rate in China. Most of them are small in scale, backward in technologies and weak in risk resistance ability except certain competitive ones in the international...