Core Insights - China's shipbuilding industry has shown robust growth in the first nine months, with a completion volume of 38.53 million deadweight tons, representing a year-on-year increase of 6.0% [1] - The new orders received during this period amounted to 66.60 million deadweight tons, indicating strong demand in the sector [1] - As of the end of September, the total hand-held orders reached 242.24 million deadweight tons, reflecting a significant year-on-year growth of 25.3% [1] Industry Performance - The three key indicators of China's shipbuilding industry—completion volume, new orders, and hand-held orders—accounted for 53.8%, 67.3%, and 65.2% of the global total by deadweight tonnage, respectively [1] - When measured by gross tonnage, these figures are 47.3%, 63.5%, and 58.6%, respectively, further solidifying China's leading position in the global shipbuilding market [1]