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3.57 million tons shipbuilding output and 4.6 mill
2010-09-27

  
    
      
    
  
In 2004, CSSC had broken its record of shipbuilding output with a total output 3.57 million tons that had increased 1.4 million tons compared with 2003. 73.8% of the output—— 2.64 million tons——was for foreign market. Besides, CSSC had won 4.6 million tons of new ship orders in 2004, 88% of which were overseas. By the end of the year, CSSC held new ship orders reached to RMB 67 billion ($8.09 billion in US dollar) with a net increase of RMB19.2 billion ($2.32 billion) compared with 2003. Other than shipbuilding business, major marine equipment enterprises of CSSC performed in excellence as well. The marine equipment orders of which won in 2004 were worth RMB 4.5 billion ($543 million), increased 51.5% compared with 2003. The production value of shiprepairing reached RMB 1.76billion ($213 million), increased 49.2% from 2003, $190 million of it was earned from the foreign market, increased 81.7%.
 
 

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