China's shipbuilders catch wind to sail on far better journey

STORY: China's shipbuilders catch wind to sail on far better journey DATELINE: Feb. 3, 2023 LENGTH: 00:01:44 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China's shipbuilders 2. various of vessels 3. SOUNDBITE 1 (Chinese): CHANG JUNDE, Deputy general manager, Huanghai Shipbuilding Co., Ltd. 4. SOUNDBITE 2 (Chinese): LI JIMING, Project manager of VLCC, Dalian Shipbuilding Industry Co., Ltd. STORYLINE: China remained the world's leading shipbuilder in 2022, grabbing the largest market share and making breakthroughs in high-end ship models. Data from the Ministry of Industry and Information Technology showed the country topped the globe in three major indicators, contributing 47.3 percent of global output, receiving 55.2 percent of new orders, and having 49 percent of holding orders. China's shipbuilders have also taken strategic moves to snatch the high-end market. Huanghai Shipbuilding Co., Ltd., based in Rongcheng, east China's Shandong, is building 50 vessels of various types, with co