Beijing is extending an olive branch to overseas companies as it seeks to build a more integrated global supply chain for the shipbuilding industry, in its latest push to project goodwill and support free trade.
Gao Dongsheng, chief economist at the Ministry of Industry and Information Technology (MIIT), said on Tuesday that China was committed to further opening up its shipbuilding sector.
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China’s first 076 ‘drone carrier’ amphibious assault ship begins sea trials
China’s first 076 ‘drone carrier’ amphibious assault ship begins sea trials
He added that Chinese firms would seek deeper collaboration with foreign partners to accelerate the use of artificial intelligence and new-energy technologies in next-generation vessels.
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China’s overwhelming lead in shipbuilding has put the sector squarely on the radar of US President Donald Trump, who has vowed to spend tens of billions of US dollars rebuilding US maritime capacity.
