On March 15, 2008, the China Mechanical and Electrical Commerce Association and Weichai Power held a joint press conference to announce that China was invited to participate in the 10th Asia-Pacific Maritime Exhibition for the first time as a guest country. It is worth noting that this is also the first time that foreign exhibitions have given Chinese pavilions a special guest status.
“The development of China’s shipbuilding industry has been excellent in recent years. In 2007, China’s new ship orders exceeded South Korea and Japan, and shipbuilding orders were the world’s largest. Handheld orders were the second largest in the world and became a shipbuilding power with considerable influence.†Ministry of Commerce Yao Shenhong, the spokesperson, said that the strength of the Chinese shipping industry has already attracted the attention of the international market.
Surprisingly, the Chinese enterprises at this Asia-Pacific Maritime Exhibition will emerge from the private enterprise legions, which will drive the export of China's shipping industry from the overall export to the export of core components—engines, and enable the entire industrial chain of the domestic shipbuilding industry to go collectively. Zhong Genghui, the assistant to the president of Weichai Power Co., Ltd., said that Weichai Power has occupied more than 70% of the market share in the small and medium ship marine host.
After years of development, China’s civil-property shipbuilding industry has broken the low, small, and scattered situation and is moving toward specialization, scale, and science and technology. With a large amount of private capital injected into the shipbuilding industry, China’s national shipbuilding industry has been upgraded. China National Civil Shipbuilding Corporation has achieved key technical performance indicators of all types of bulk carriers, container ships and tanker chemical tankers that have reached the international level.
At present, China has more than 3,000 civil shipbuilding companies, mainly small and medium-sized ones, but it has developed rapidly and its international awareness is rapidly increasing. In 2007, its output has already occupied as much as half of China's total. Previously, China Shipbuilding Industry Corporation, China The two major groups of shipbuilding industry groups account for two-thirds of the national output.
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