The report believes that if the current shipbuilding construction projects planned in China are put into practice, China's shipbuilding capacity will nearly double the national planning target in 2010. At the same time, Japan and India are also competing to expand shipbuilding capacity. Even in the international competition, South Korea has rushed to catch up with the new orders in the first quarter, which made the new orders in the first half of the year surpass China. According to this calculation, the world's shipbuilding capacity can reach 115 million dwt, which greatly exceeds the actual demand. â€
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