China's ship exports soar in first two months

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  This aerial photo taken on July 23, 2023 shows a view of a shipbuilding industrial park in Qidong, east China's Jiangsu Province. (Xinhua/Ji Chunpeng)BEIJING, March 23 (Xinhua) -- China's exports of ships jumped during the first two months of 2024, both in terms of volume and value, official data has shown.

  China exported a total of 937 ships from January to February, up 59.9 percent year on year, according to the General Administration of Customs.

  The export value soared 180.6 percent from a year ago to 48.25 billion yuan (about 6.8 billion U.S. dollars) during the two months.

  China's shipbuilding industry has expanded in recent years. The three major indicators of the industry -- output, new orders and orders on hand -- secured the top position in the global shipbuilding market for the 14th straight year in 2023, the Ministry of Industry and Information Technology said in January.