China is expected to center on developing the offshore industry, which is at the initial stage of growth, according the 2011 China Ocean Development Report released on April 29 by the State Oceanic Administration of the People's Republic of China.
The Report includes the offshore & shipbuilding industry as part of the oceanic industry.
China, now the world's second strongest shipbuilder, strives to become world's No.1 shipbuilder. Its offshore & shipbuilding industry grows rapidly, with both shipbuilding completion and new orders on the rise.
China also will develop high value-added vessels and marine equipment industries, such as large-sized tankers, LNG/LPG carriers and large sized containerships as well as shiprepair industry.