As of the end of the 11th Five-Year Plan, China ranked third worldwide in terms of cargo ships with a total of 178,000.
During the 11th Five-Year Plan, China's status as a leading power in shipping, port transportation and container traffic was dramatically enhanced. At the end of the 11th Five-Year Plan, combined deadweight capacity of cargo ships totaled 180 billion tons, which is an increase in capacity of 77 percent over that of the 10th Five-Year Plan.
International Maritime Organization has nominated China as Class A members 11 times consecutively for China's prominent contribution to the development of sea transportation. Assuming more than 90 percent of China's foreign trade transportation, China s ocean shipping effectively boosted the rapid development of national economy and foreign trade.
By the end of 2010, China had overtaken Korean as the number one ship-building country.
By People's Daily Online
Weekly review
During the 11th Five-Year Plan, China's status as a leading power in shipping, port transportation and container traffic was dramatically enhanced. At the end of the 11th Five-Year Plan, combined deadweight capacity of cargo ships totaled 180 billion tons, which is an increase in capacity of 77 percent over that of the 10th Five-Year Plan.
International Maritime Organization has nominated China as Class A members 11 times consecutively for China's prominent contribution to the development of sea transportation. Assuming more than 90 percent of China's foreign trade transportation, China s ocean shipping effectively boosted the rapid development of national economy and foreign trade.
By the end of 2010, China had overtaken Korean as the number one ship-building country.
By People's Daily Online
Weekly review
