Economic Watch: China's shipbuilding industry soars in H1, solidifies global leading position

BEIJING, July 16 (Xinhua) -- China's shipbuilding industry saw significant growth in the first half of this year, reinforcing its global leading position, according to data released Tuesday by the Ministry of Industry and Information Technology (MIIT).

From January to June, China completed shipbuilding projects totaling 25.02 million deadweight tonnes (DWT), an increase of 18.4 percent compared to the same perio