In order for China to become the world’s largest shipbuilding country, it is suggested that Chinese shipbuilding industry needs restructuring.
“China hopes to become the world’s largest shipbuilding country by 2015 and actually, it can be regarded as the biggest shipbuilder in dwt terms already, having showed a great progress in production efficiency and shipbuilding capacity over the last few years,” said Jorg Beiler, DNV Vice President and Area Chair for Greater China.  
He pointed out that China’s shipbuilding and offshore industries have been busy for the past three to four years and improved in offshore facility sector even the scale is not that extensive. If Chinese shipbuilding and offshore industries continue on this trend, a very remarkable result will follow, he added.
Regarding an opinion that a restructuring is needed in Chinese shipping, shipbuilding and related industries (demolition business included), he said that China is expecting to maximize profits of the industries through conducting an overall restructuring. Moreover, China has always wanted to meet up with demands from domestic freight and shipbuilding with its own tonnage, however, only large builders can handle the domestic demands while small and medium sized privately-own companies are going through hardships.  
Meanwhile, Beiler added that China has looked for its own strength in changes of global shipbuilding industry and it does not seem difficult for the country to adopt a new technology in the future as currently being equipped with the largest shipbuilding capacity. China is also said to account for 40% in global shipbuilding market and thus, it will soon be able to boast its capacity to the level that Korea and Japan have.