At present, my country has become the world's largest shipbuilding country. However, due to the downturn in the global shipping and shipbuilding market, my country's shipbuilding market has been hit in recent years. New ship orders have been significantly reduced, corporate financing has been difficult, and the risk of contract delivery has increased. The development of the shipbuilding industry is facing a serious situation.
According to the news of the Ship Branch of the Chamber of Electrical and Mechanical Services, customs statistics show that in January 2012, my country's ship equipment exports were US$221 million, a significant decrease from the previous month and a 0.7% year-on-year decrease. Since June last year, my country's exports of ship equipment have basically maintained a relatively stable level, with monthly exports varying between 210 million and 240 million US dollars.