SWOT Analysis of China Shipbuilding Industry by Third Eyes

Global major shipbuilding industry has already shifted to the Asian reason, mainly China, South Korea and Japan; the three shipbuilding giant in the world. China has been implementing shipbuilding as a strategic industry at the beginning of this century to establish itself as a major maritime power. It is now the world largest shipbuilder in terms of gross tonnage and value. This paper tries to find out China's shipbuilding efforts and strategies that have enabled the country to make its shipbuilding industry competitive and efficient. This research is based mainly on data collection from shipbuilding stake holders of China and SWOT analysis of China shipbuilding has been done on this basis. Present world economic status, China economic status, global shipbuilding trend, order and China shipbuilding growth have also been discussed.