China State Shipbuilding Corporation Limited (CSSC) ,established on the I st of July,1999,is an extralarge conglomerate and state-authorized investment institution directly administered by the central government of China.It boasts its being the mainstay of the shipbuilding industry in China.Under its wing, there are totally 60 sole proprietorship enterprises and shareholding institutions,including a batch of most powerful and some renowned shipbuilding and shiprepairing yards,research and design institutes,marine-related equipment manufacturers and trading firms in China.
CSSC's main business is shipbuilding, covering both the naval and civil products. As for the naval ships,CSSC is capable of building almost various kinds of warship and auxiliary vessels as well as the related equipment for the Chinese Navy,thus earning the position as the backbone forces backing-up the Chinese Navy in terms of its construction.In the field of civil ships,CSSC is adept in building any kinds of modern ships fully complying with the rules and regulations of any classification societies in the world and meeting the requirements of any international general standards and safety conventions and being able to travel through any sort of waterways.CSSC boasts its wide spectrum of products, ranging from the conventional oil tankers and bulk carriers to the sophisticated and state-of-the-art vessels,such as LNG carriers,VLCCs,chemical carriers,ro/ro passenger freight ships,large containerships,large LPG carriers,large self-un loading ships,high speed ships and various civil ships and offshore engineering facilities.So far,CSSC has already exported a large number of ships to more than 50 countries and regions all around the world.
Since entering the new century,CSSC has put forward a strategic objective called “5-3-1 goal”,with which CSSC shall put itself in the rank of the top 5 and the top 3 shipbuilding groups in the world respectively in 2005 and 2010. Furthermore, CSSC , with its endeavors and efforts for another five years,shall achieve its objective of being the world's number one shipbuilding group in the year 2015,thus bolstering China to be the number one shipbuilding country in the world.In order to achieve its target as set above, CSSC shall lay emphasis on the construction of two shipbuilding bases,namely,Changxing Island shipbuilding base in Shanghai and Longxue shipbuilding base in Guangzhou. As a result,CSSC shall have upgraded its shipbuilding capability from the 4 million dwt by now to 14 million dwt by 2015,with a wider range of products of high-tech ships or vessels such as the LNG carriers and luxury cruise ships and so on.
While making its main line of business,viz.shipbuilding industry,become bigger in scale and stronger in strength,CSSC shall strive to expand its non-ship businesses and operations such as shiprepairs,marine-related equipment manufacture and steel structure fabrication.At present,CSSC has already notched up in such 20-plus fields and sectors as shipping, aerospace,construction,power generation,petrochemicals,hydraulic engineering, environmental protection,metallurgy,railway and light industry andso on. Besides,CSSC has virtually secured a market niche for a number of its key products,such as containers,large-scale steel structures,metallurgical equipment,land –based power generating sets, pressure vessels and B-scanners and so on. In another words,CSSC has already diversified its lines of business,covering trade,shipping,finance,real estate and bridge construction etc. In Short,CSSC has undoubtedly earned a leading position peerless in the shipbuilding circles in China and has already proved itself worthy of the title of the large-scale enterprise group with fast growth rate in many fields.