Wednesday, March 9, 2011

Global financial crisis, China Shipbuilding

Global financial crisis, China Shipbuilding – the financial crisis, the shipping industry – machine tools industry

2008 difficult to predict the risk of incoming, in September, the U.S. financial crisis has rapidly spread to the world as a scourge, full outbreak of the global financial crisis, the stock market crash! Market Crash! Commodity market crash! Global financial crisis! With the U.S. financial crisis facing SMEs in China have closed, imports and exports, the automotive industry, textile industry, Deng June severe blow by the U.S. financial crisis. China’s shipbuilding industry, the “Made in China” the pillars of the financial crisis, a severe winter. Shipbuilding is a typical combination of military and civilian industries, not just China’s modernization of industry and a catalyst for job creation, it is China’s efforts to be a naval power, is a key stepping stone. The ship has a longer history in China, according to historical records: “Boats of the best in Jiangxi Sheng”, far away in the Qin and Han dynasties, from the activities of peasant uprisings and Fan Qin frequent wars and people’s need, and so that the origin of the ships and people will increasingly intensify. After the completion of the new China, China’s shipbuilding industry has made significant progress and become one of the main north-south grain of the market. Since 20 Century, the global express market recovery has it been lack of capacity, a significant increase in the tariffs, the main shipping lines start mass customized ships. EU trade data show that China in 2002, a new ship in the world produces 13%, in 2005 China’s shipbuilding output reached 12th 12 million dwt, what the world’s market share rose to 17%. In view of China Shipbuilding Industry Association data, the first half of this year shipbuilding capacity of 10 24 million dwt, up 36%; handheld shipbuilding orders 192.17 million dwt, an increase of 82%. Orders from the current hand held, despite the U.S. subprime crisis, but the increase in China’s shipbuilding industry is still to be derived over a period of 2011, the total of large shipbuilding in China three categories of first place in the world.