SHIPBUILDING IN CHINA

China＇s annual ship sale volume will break 200b RMB by 2010;The first Chinese salvation ship delivered;China＇s largest ＂sea forklift＂ adopts new subcontract shipbuilding model;Chinese shipbuilding industrial standard can basically match up with the international standards;Foreign-invested banks set foot in Chinese ship financing;The world largest inland cruiser commenced construction in Chongqing.     

Review and pros pects for China economy

The Chinese economy grew 8 per cent in 2002. The speedy growth of China‘s economy in 2002 was fuelled by booming exports and the central government efforts to stimulate domestic demand.     

China''''s economic growth pushed by domestic demand and relevant measures

By contrast to a slowdown in the world economy, China kept up a rapid growth rate, a relatively high quality of growth and low inflation for the year 2001. This is mainly due to the result of proactive fiscal policies that the Chinese Government adopted to stimulate domestic demand. Domestic demand can be divided into investment demand and consumption demand,     

Competition,Salvation from the Crisis

At the beginning of 2009,demand collapsed under the force of the fierce wave of global financial crisis,and the burst of BDI bubbles accelerated.A special"war"between shipbuilding industries in China,Japan and Korea has unfolded.The competition involved is not only in terms of orders,price and environment-friendliness,but also in terms of cost-efficiency,multilateraries and overseas expansion.Though China has overtaken Korea in new orders and orders in hand,considedng the different strategies adopted by the three countries,the true winner will be the one who will be able to"talk while laughing"after the storm.     

中国视窗

LEGISLATION IN CHINA China launches its inland navigational channel and port layout The programme is the first of kind in China to depict inland navigational channel and port layout, which will serve as the guidance document to direct the healthy and orderly construction and development of Chinese inland navigational channels for some time in the     

Chinese Ports:READY FOR IRON ORE INFLUX?

Due to China's huge demand in iron and steel the iron ore volume to be imported has increased largely. The local governments and port authorities at all levels are putting more and more efforts on port infrastructure construction in order to satisfy iron ore import. However, the operation capacity of docks of China is still not sufficient. The gap between demand and supply has attracted a large mount of social investment to put on iron ore wharves facilities construction, especially after Port Administration System Reform Rules was published in 2002. So it is clear that three parties like steel mills, ship owners and port authorities surely will seek more cooperation in this field.     

SHIPBUILDING IN CHINA

China initiated top-level research on ship standardization
The subject is led by the Chinese Society of Naval Architects and Marine Engineers in collaboration with the Technical and Economic Research Center of CSSC and the Standardization Research Center of CSIC, China Classification Society （CCS） and COSCO R＆D Center. The subject will be completed by the end of this year.     

SHIPPING IN CHINA

Port container throughput will continue to increase;MOC will continue to promote ＂tax-exemption for special cases＂;China publicized 242 major port pilot boarding spots;Four insurers won the qualifications to insure Chinese ship＇s civil liability for oil pollution damages;Tianjin will adopt graded management for enterprises containerizing dangerous cargoes;Shanghai maritime arbitration ranked world No. 3.     

SHIPPING IN CHINA

China will invest 40b RMB in waterborne transport construction;China launches special rectifying action on ship＇s collision and leakage;Illegal NVOCC operation punished.     

SHIPPING IN CHINA

China opens maritime satellite mobile telephone services;China＇s first ship-related talent market settles in Zhoushan;Yangshan port will expand policy application scope;Tianjin electronic terminal and logistics information platform opened;