Description
China's Shipbuilding Completion Volume (Cumulative Value) is published by the China Association of the National Shipbuilding Industry (CANSI). This indicator measures the total shipbuilding output completed within a specific period and is commonly used to observe the health and productivity of China's shipbuilding industry. Higher shipbuilding completion volumes typically indicate industry prosperity, which positively impacts related industries and the economy, while lower figures may suggest a slowdown in development.
The shipbuilding completion volume is calculated as the total deadweight tonnage of ships completed within a specific period. The cumulative value is obtained by summing the completion tonnages over multiple periods, providing a comprehensive view of the industry's output.
This data is usually updated monthly, with the cumulative value reflecting the total completion volume up to the current reporting period.