Independent journal on economy and transport policy
08:38 GMT+2
China's Shipbuilding Giant Reduces Losses
(People's Daily)
January 12, 2001
China Shipbuilding Industry Corporation (CSIC) produced an industrial output of 11.8 billion yuan in 2000, up 9 percent on an annual basis, to reduce its losses by over 300 million, CSIC president Huang Pingtao announced Thursday.
The company received orders valued 25.7 billion yuan last year, an increase of 102.4 percent, including shipbuilding orders ...... Read more on People's Daily
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