While China’s listed shipbuilders continuously released 2012 annual reports mostly with plummeted earnings, showing a recession trend, stock prices of shipbuilding and related corporations increased by 1.98% on April 3, after hearing that many of government ministries of China are planning to release the action plan in shipbuilding industry for the latter three years of China’s 12th five-year development plan.
In 2012, Chinese shipbuilding industry saw an economic index decline and a total amount of ship exports fell for the first time in 30 years. Moreover, some small and medium sized companies were under a threat of bankruptcy that the industry has confronted the most serious situation since the global economic crisis.  
Accordingly, Chinese government has decided to release a policy regarding an active support for the development of domestic shipbuilding industry that it will encourage acquisitions and mergers among related corporations, lessen an oversupply and improve industrial concentration. Furthermore, it will enhance the ability in overall offshore development and urge for the usage of Chinese-built equipment and so on to push forward establishing complementary industrial cluster.
Recently, as not a few shipbuilding-related corporations have faced a “financial difficulty”, the government plans to offer a substantial financial support on the issue as well.
Moreover, last year, Korean and Japanese shipbuilding industries’ succeeded in creating profits in greenship, reinforced with energy-saving, safety and eco-friendly features, offshore facilities and high-specification & high-value vessel segments. Considering this, China, also, is to aggressively spur into R&D of its core technology, planning to advance into high-value, eco-friendly ships and deep-sea offshore sectors.  
According to statistics from almost the whole industry, new orders to be placed at Chinese shipbuilding industry are expected to be on the increase this year by a fixed quantity, against the previous year. China’s Shenyin & Wanguo Securities, also, has anticipated that new orders to be won in 2013 will be more than last year’s as global newbuilding orders begin to grow, comparing with the same time period of last year.