China continued to be the leading shipbuilder in the world in 2022, securing the largest market share and registering breakthroughs in high-end models of ships.

The nation reportedly topped the globe in major indicators, contributing about 47.3 % of global output, receiving about 55.2% of new orders, and having 49% of holding charges, data sourced from the Ministry of Industry and Information Technology reflected.

2022 marked the 13th year for ship manufacturers from China to hold the greatest share of global markets. Six firms ranked as the world's top 10 shipbuilding enterprises.

Seizing opportunities from rising global shipping demands, particularly for natural gas and crude oil, amid the ongoing COVID-19 pandemic, China consolidated its position as a significant shipbuilder worldwide. 

Three key shipbuilding clusters have reportedly emerged in regions surrounding the Yangtze River Delta, Pearl River Delta, and Bohai Rim.

With the greatest shipbuilding market share, China has been moving briskly to become a manufacturer of quality.