#CHINA-SHIPBUILDING-GLOBAL LEAD (CN)

Xinhua
02 Feb 2026, 20:16 GMT+10

(260202) -- TAIZHOU, Feb. 2, 2026 (Xinhua) -- A drone photo taken on Jan. 13, 2026 shows a ship under construction at a factory of Cosco Shipping Heavy Industry (Yangzhou) Co., Ltd. in Yangzhou, east China's Jiangsu Province. China's shipbuilding industry maintained the world's largest market share in terms of three major indicators for the 16th consecutive year in 2025, according to data released by the Ministry of Industry and Information Technology on Sunday.

The country's shipbuilding output reached 53.69 million deadweight tonnes (DWT) in 2025, up 11.4 percent year on year and accounting for 56.1 percent of the global total.

New orders reached 107.82 million DWT last year, representing a 69 percent share of the global market.

As of the end of December 2025, the sector's holding orders stood at 274.42 million DWT, up 31.5 percent from the previous year. This volume accounted for 66.8 percent of the global market share. (Photo by Meng Delong/Xinhua)

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