Study Of The Development Direction Of China's Shipbuilding Industry

industry progression. It is of utmost importance that the company invests in this industry to capitalize on China's industrializing economy. This report analyses development of the ship building industry in China from the perspective of the global ship building industry .The first section describes the history of ship building, how it originated from England to United States, Europe and subsequently to Japan and South Korea. An overview of these industries are presented with emphasis on South Korea's industry.The second section focuses on the current situation of China's ship building industry, how it affects the economy as well as the importance of continuous developments. Strengths and Weaknesses are also identified. Government support, available funds, cheap labor and huge global trade proved to be China's main attractiveness whereas improper infrastructure, insufficient skills, poor management, high employment turn over and sub standard products proved to be barriers...