China's first domestically built large cruise ship, Adora Magic City, build by Shanghai Waigaoqiao Shipbuilding Co, a subsidiary of China State Shipbuilding Corporation, completes its undocking process in Shanghai on June 6, 2023. [LONG WEI / FOR CHINA DAILY]
China's shipbuilding industry saw new vessel orders surge 49.5 percent year-on-year in the first five months of 2023, official data showed.
New orders, a major indicator of the shipbuilding industry, stood at 26.45 million deadweight tons (DWT) during the five-month period, with a global market share of 67.3 percent, according to statistics released by Beijing-based China Association of the National Shipbuilding Industry.
The country's shipbuilding output grew by 15.4 percentSeguir leyendo