| TUESDAY FEBURARY 22 2000 PUBLISHED BY CHINA DAILY | |||||
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Launch of e-dictionary aids learners Pact to help China Shipping prosper Foreign firms key to e-business 'No growth' forecast for cargo market Exhibition business faring well CCB kicks off salary reform ICM confident in the China market By Song Ning THINNING hair caused by TV advertising to play bigger role Housing fair planned for April |
Show scheduled to boost boat industry A STATE-supported group is seeking ways to develop China's boat industry. "The group is researching the market and our aim is to push the industry forward," said Cao Xinhua, a manager from the Shanghai Association of Shipbuilding Industry. China has great potential in its market for boats but lacks the required promotion engine to facilitate the industry, Cao said. The city has hosted four boat shows to encourage business between foreign firms and domestic firms in the industry. On April 20, it will host a new show at Pudong's International Convention Centre, opening an area on the Huangpu River to display boats' performance capabilities. "The show will act as a stimulus to the nation's boat industry," Cao said. China now has over 200 factories producing more than 5,000 boats for tourism, fishing and transportation. "But a large percentage of the top-grade boats are still imported," Cao said. Many foreign boat manufacturers believe the outlook is bright for the Chinese market because labour is cheap and the demand for police and anti-smuggling boats is growing. Shanghai needs high-speed boats to open new lines, deluxe pleasure boats for tourism and patrol boats for Customs, environmental protection and fire fighting, according to Cao. The city already ranks third in manufacturing of high-speed hydrofoils after the United States and Japan. But the industry needs more money and technology to expand. At present, the boat industry is not on the city government agenda which focuses on aviation, highways, railways and subways. China began to manufacture pleasure boats with glass fibre reinforced plastic technology in the 1950s and factories are now located in Shanghai, and Jiangsu, Zhejiang, Guangdong, Fujian and Shandong provinces. Copyright 2000 by Shanghai Star. All rights reserved. |
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