Editorial photo #11414523 Economy, Business and Finance
2024 H1 China Shipbuilding Industry Growth
Workers are braving the hot sun to build ships at Letianxi Shipbuilding Base on the Xiling Gorge of the Yangtze River in Yichang, Hubei province, China, on July 17, 2024. According to the Ministry of Industry and Information Technology, from January to June 2024, China's shipbuilding completion volume is 25.02 million deadweight tons, an increase of 18.4%. New orders received are amounting to 54.22 million DWT, up 43.9% year-on-year; As of the end of June, hand-held orders are 171.55 million DWT, an increase of 38.6% year-on-year. From January to June, the three major indicators of China's shipbuilding are accounting for 55.0%, 74.7%, and 58.9% of the global total in terms of deadweight tons, respectively. (Photo by Costfoto/NurPhoto)
