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03 December 2008 The on-line newspaper devoted to the world of transports 05:54 GMT+1



January 12, 2001

China's Shipbuilding Giant Reduces Losses

China Shipbuilding Industry Corporation (CSIC) produced an industrial output of 11.8 billion yuan in 2000, up 9 percent on an annual basis, to reduce its losses by over 300 million, CSIC president Huang Pingtao announced Thursday.

The company received orders valued 25.7 billion yuan last year, an increase of 102.4 percent, including shipbuilding orders ......
Read more on People's Daily



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