NEWS

Ship decoration drives the rise of China's manufacturing industry

2023-03-25

According to expert analysis, nearly one-third of new orders are supported by buyer credit provided by the Export Import Bank. In addition, shipbuilding industry investment funds and financial leasing companies have collaborated with shipbuilding enterprises in various forms to solve the problems of cancellation and abandonment, alleviating the production and operation pressure of enterprises. This indicates that the implementation of the National Plan for the Adjustment and Revitalization of the Shipbuilding Industry has achieved preliminary results.

Experts believe that there is an evolutionary law in the world shipbuilding industry: Japan developed rapidly in the two world wars, and South Korea rose in the two oil crises. Entering the new century, the world shipbuilding industry has formed a competitive pattern of three pillars: South Korea, Japan, and China. Under the influence of the international financial crisis, the transfer of world shipbuilding centers will also accelerate, and some developed shipbuilding countries will further withdraw from the mainstream shipbuilding market due to cost and other factors. The comprehensive advantages of technology, capital, and labor in China's shipbuilding industry will be more prominent, and there is still great potential and room for improvement.

Experts also pointed out that the difficult period for China's shipbuilding industry has not yet arrived. According to the survey conducted by China Shipbuilding Industry Association, the cancellation of orders for ships in China's shipbuilding industry has not improved, and the delay in ship delivery continues; The ship price index continues to decline, and low price competition is becoming increasingly fierce, with some shipyards facing insufficient construction.