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CHINA-TAIZHOU-SHIPBUILDING INDUSTRY-DEPRESSION (CN)

CHINA-TAIZHOU-SHIPBUILDING INDUSTRY-DEPRESSION (CN)

(120411) -- HANGZHOU, April 11, 2012 (Xinhua) -- A staff member of a shipyard passes by two fishing vessels at a shipyard in Songmen Town of Wenling, Taizhou City, east China's Zhejiang Province, April 10, 2012. The shipyard only had orders for light-tonnage fishing vessels at the moment. Taizhou has been the largest manufacturing base of medium-and-small sized ships in the world. However, due to the lasting sluggish global shipping industry, Taizhou has seen a depression of its shipbuilding industry, with sharp drop in orders and difficulties in sales. According to statistics of local shipping industry associations, about 80 percent of the shipbuilding enterprises in Taizhou are in off-production status or half off-production. China Association of the National Shipbuilding Industry (CANSI) has predicted that China's shipbuilding industry will enter a period of deep adjustment. (Xinhua/Wang Dingchang) (llp)
33824438
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RM
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292,1587
false
42-33824438
Stock Photo ID:
42-33824438
Date Photographed:
April 11, 2012
Model Released:
No Release
Property Released:
No Release
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Location:
Credit:
© Wang Dingchang/Xinhua Press/Corbis
License Type:
Rights Managed (RM)
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Collection:
Max File Size:
21 MB - 2291px × 3350px • 7.00in. × 11.00in @ 300 ppi

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