| Abstract: | Since the economic reforms in the late 1970s, the shipbuilding industry in China has enjoyed rapid growth. Over the past two decades, many new building contracts have been won and successfully completed. However, some shipyards have also suffered great losses. Basing on their experience in Southern China, the authors examine some of the major challenges that Chinese shipbuilders faced during this transitional period, when the industry ventured into the international market. These challenges are broadly categorized into two areas: (i) external factors, such as inflation and infrastructural support that the shipbuilder had no control over, and (ii) shipbuilding management, which the shipbuilder had to master in order to gain competitive advantage. Suggestions on how these problems could be tackled are discussed. |
