SOURCE / ECONOMY
Shipbuilding powerhouse
Published: Oct 21, 2025 11:55 PM
Vessels are under construction at a shipyard in Yangzhou, East China's Jiangsu Province, on October 21, 2025. In the first nine months, China's shipbuilding completions, new orders, and order backlogs accounted for 53.8 percent, 67.3 percent, and 65.2 percent of the global total in terms of deadweight tonnage, remaining the world leader. Photo: VCG

Vessels are under construction at a shipyard in Yangzhou, East China's Jiangsu Province, on October 21, 2025. In the first nine months, China's shipbuilding completions, new orders, and order backlogs accounted for 53.8 percent, 67.3 percent, and 65.2 percent of the global total in terms of deadweight tonnage, remaining the world leader. Photo: VCG