"Giant seafaring colossus" lining up to sail out, China's shipbuilding industry leading the global market.
In the first quarter of 2026, China's shipbuilding industry continued to lead the world in three key indicators - completed shipbuilding volume, new orders received, and current orders. Among them, new orders increased by 195.2% year-on-year, current orders increased by 43.6% year-on-year, and the order volume accounted for nearly 70% of the world total, with orders at many shipyards scheduled until 2030.
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