Greater China
New policy to support ‘capable’ shipyards
Beijing: Amid the harsh shipbuilding market, the Chinese government will offer favourable tax policies and technical assistance to ‘capable’ shipyards to help them develop greener ships.
“The capable shipyards are to receive tax incentives and technical support for greener ship ships,” Chen Bin, official from the National Development and Reform Commission said.
The development of offshore engineering products will be treated as a priority as well to diversify the Chinese shipyards’ products, Chen added. [22/08/13]