The Asian commercial marine industry’s foremost exhibition, Seawork Asia is set for success in light of David Cameron’s talks in October with the Chinese President, Xi Jinping. Following the Chinese premier’s State Visit, Cameron has hailed greater cooperation along with trade deals, which will help aid British maritime organisations in their quest to launch and reinforce their businesses and brands in China.
China is currently ranked second in the world for shipbuilding, and has experienced fast growth for seven consecutive years. China alone has over 32,000 kilometres of shoreline, 1,400 harbours and 1,600 shipyards containing than 170,000 vessels. Therefore there are myriad opportunities for sales and collaboration between Chinese businesses and firms located across the globe.
The demand for marine civil engineering, workboats and floating plant, together with the equipment and services that keep them in operation is forecast to grow at double figure rates during the next twenty years. The rapid increase in marine activity also requires a wide range of support services such as coastguard, patrol, safety and navigation.
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