The strategy and innovation of China's shipbuilding industry

With the global economic growth, sustained increase in international seaborne trade, world shipbuilding market is at a peak which has not seen in 30 years. With the high volume of vessel, world shipbuilding industry made an unprecedented scale expansion. This paper analyses the current situation and development of the world shipbuilding industry, and discussed how to seize the opportunities and meet the challenges for the China's shipbuilding industry, finally, this paper made a thinking of strategy and innovation of China's shipbuilding industry.