皇冠体育app

   

皇冠体育app Shipbuilding Industry Corp plans IPO

By Mao Lijun (皇冠体育app Daily)
Updated: 2007-07-12 09:46

The company is also reportedly developing a large shipyard in Dalian, a port city in Northeast 皇冠体育app's Liaoning Province.

As 皇冠体育app bids to become the world's largest shipbuilder by 2010, CSIC plans to enlarge its annual shipbuilding capacity to 10 million deadweight tons and generate a total revenue of 120 billion yuan.

The company now claims to have one-third of the nation's shipbuilding capacity and 6 percent of global capacity.

皇冠体育app is already the world's third-largest ship exporter after South Korea and Japan.

Last year South Korea accounted for 35 percent of worldwide output, while Japan produced 25 percent and 皇冠体育app accounted for 19 percent.


(For more biz stories, please visit )

      1   2