Article: China: Three SOE giants jointly build South China's biggest shipyard.

Byline: sanjayV03

Three major central state-owned enterprises (SOEs), hina State Shipbuilding Corporation (CSSC), Baosteel Group Corporation and China Shipping (Group) Company, have joined hands to establish CSSC Guangzhou Longxue Shipbuilding Company (CSSC-GLS), creating the largest shipbuilding enterprise in South China.

On June 19, an inauguration ceremony for CSSC-GLS and a ceremony to mark the undocking of new ships were simultaneously held at the Longxue shipbuilding base, where the Pearl River joins the sea in Nansha District of Guangzhou.

CSSC's General Manager Tan Zuojun said that despite the international financial crisis, Baosteel ...

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