China’s Marine Economy Grows 5.6% in H1, Driven by Energy and Shipbuilding
China’s marine economy grows by 5.6% in the first half of the year, driven by increases in marine crude oil, natural gas, and shipbuilding sectors.
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China’s marine economy grows by 5.6% in the first half of the year, driven by increases in marine crude oil, natural gas, and shipbuilding sectors.
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China’s shipbuilding industry experienced significant growth in H1 2024, reinforcing its global leadership with an 18.4% rise in completions and a 43.9% surge in new orders.
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The U.S. Section 301 investigation into the Chinese mainland’s shipbuilding sector aims to promote fair competition but may fall short in revitalizing America’s industries.
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China strongly opposes the U.S. Section 301 investigation into its maritime and shipbuilding sectors, labeling the move as baseless and counterproductive.
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