Saturday, January 30, 2010

ZTE received orders for 378 million U.S. dollars

Sports Network (Chutianjinbao) ZTE (43.43,0.23,0.53%) has officially
announced that the company and its controlled subsidiaries
ZTECorporationSouthAfrica (PTY) Limited has been with the South
African operator CelC (PTY) LTD. And its holding Shareholders
OGERTELECOM (SOUTH AFRICA) (PTY) Limited entered into a master supply
of equipment (NetworkSupplyAgreement) and managed operation and
maintenance contracts.

Under the contract, ZTE will provide operators in South Africa about
378 million U.S. dollars the total amount of the GSM / UMTS network of
turnkey projects and operation and maintenance services. The contract
includes the daily business operations with the ZTE-related product
sales and engineering services has now been signed by authorized
representatives of the parties, and the entry into force have been
met.

It is understood that South Africa has more than 48 million people, as
Africa's richest countries, its 2008 per capita GDP of about 5500 U.S.
dollars, but also the world's top 20 telecom markets. CelC is South
Africa, one of the three major carriers, but also in South Africa, the
first dual-mode network operators GSM900M/1800M mobile operators.
According to the latest statistics, as of the end of 2009 Cel-C has
more than 7.4 million customers.

China's shipbuilding industry received orders for the new rank first in the world

"By-turn strong" need to pass three hurdles

Xinhua Shanghai January 27 (Xinhua He Xinrong Jia Yuan Kun) The
international financial crisis and did not stop the world's
shipbuilding center shifting to China trend. Recently, the Ministry of
Public Letter to the latest statistics show that in 2009 the year
China's new shipyards received orders amounted to 26 million
deadweight tons, the first time South Korea's rank in the world.
Meanwhile, the shipbuilding capacity increased by more than 40% of the
world shipping market share further enhanced.

Although the "quantity" to begin the lead, but the domestic market
in the discovery, enhance ancillary equipment localization rate and
high value-added aspects of ship construction 3, China's shipbuilding
industry in comparison with the South Korean counterparts still a gap.
From the "quantitative" to a "qualitative change" from the "big
shipbuilding country" to "shipbuilding power", the domestic shipyards
still true to line.

China Shipbuilding contrarian up to achieve a breakthrough in the amount of

Shipbuilding industry is the globalization of China's earliest
industries. Recall that in early 2009, the financial crisis had led to
the sharp decline in world seaborne trade, shipbuilding began long
"Xundi" trip.

According to the authoritative advisory body Clarkson's
statistics, from November 2008 to May 2009 for 7 months on the world's
new ship orders are less than 100 million tons in May or even "zero
turnover."

Rare grim situation, the Chinese shipyards not be an exception.
Not only new ship market, "frozen", and even hand-held orders are not
security risks. Some western chain of the owner because of tight
money, have demanded that "withdrawals," or "delays in the delivery
boats," there was some panic in the industry.

In this case, the State Council issued a timely manner "ship
industrial restructuring and revitalization plan," clearly the way
through increased financial support to help the domestic shipyards
"guarantee delivery ship, grab orders." In the policy support and the
support of the global economic recovery under the 2009 Domestic Boat
City since the second half gradually "unfrozen." In July, the new
global shipbuilding orders received 6.3 million tons, the chain jumped
more than 200%. Of which China's monopoly of 70% of the share of the
shipyard, in the face of adversity shows a strong competitive edge.

According to the Ministry of Public letter to the latest data,
dated January 2009 -12 National 42.43 million dwt shipbuilding
capacity, up 47%; new ships received orders for 26 million dwt, down
55%; handheld shipbuilding orders 188.17 million dwt compared with the
beginning of handheld orders declined 8%. Under the new orders
received orders and hand-held, China both rank first in the world
beyond South Korea.

Public letter to Chief Engineer in Shanghai, Zhu Hong Ren told
reporters before, according to the evolution of the law of the world's
shipbuilding industry, every major crisis in the industry will
contribute to the pattern of re-shuffle. In the international
financial crisis, some of the advanced shipbuilding countries due to
such factors as the cost of the ship further out of the mainstream
market, while China's shipbuilding industry which has the technology,
capital and labor the comprehensive advantages will become more
prominent, promising to meet the industrial transfer.

To explore the domestic market to improve localization rate ship
with Imperative

Although the impressive performance in the face of adversity, but
the domestic shipyards to face the vulnerability of the financial
crisis is still to an industry wake-up call. Currently, China's
shipbuilding orders in the 70% -80% of the ratios for export, such a
high degree of external dependence for our domestic shipyards hard to
resist the waves of the global economy.

"Foreign bank loans to foreign ship owners, shipyards in China,
shipbuilding, the re-leased to domestic and foreign shipping companies
to transport Chinese goods. So a trip down, foreign investment in each
link in the chain make a profit," China Shipbuilding Industry
Association Zhang Guangqin president told reporters that China has
become the world's most important commodity, one of the importing
country, but the crude oil, iron ore, a large part of these strategic
materials are carriage by foreign shipping companies, this situation
is clearly unreasonable.

On how to strengthen China's fleet, and took the ship to open
domestic markets, the domestic shipbuilding industry, there had been
many discussions. However, in the case of export of wind in its sails,
has been the lack of substantive action. "This year, the domestic auto
industry to rely on domestic market to achieve strong growth for all
to see. Now, is the shipbuilding industry determined to solve this
problem the time." Zhang GQ said.

Development of the domestic market, just as worrying is the lack
of supporting equipment localization rate of the lower vessel. At
present, medium-speed marine diesel engines, deck machinery ship
"offal", the domestic shipyards rely heavily on imports, "so to do so,
we can only become a hull power", industry experts pointed out.

Equipped with industrial development in order to change the boat
backward, in November 2009 when the ship supporting the nation's
largest equipment manufacturers, "China's Heavy Industry" announced
landing A-share market. General Manager of China Shipbuilding Industry
Corporation, China's Heavy Industry India, Chairman Li said that
China's current domestic equipment, the average loading rate is less
than 50%, with Japan and South Korea a big gap compared to 90%.
Although the existence of the domestic shipping industry overcapacity
assembly phenomenon, but the ship supporting development of the
industry are far from adequate.

The construction of high-value ships is "turn by the big strong"
crowning touch

In addition to tap domestic market and the upgrading of its
ancillary equipment localization rate, China's shipbuilding industry
with the largest gap between the world's advanced level, and perhaps
also because the construction of the ship on the high value-added. "If
at this point to achieve a breakthrough in China's shipbuilding
industry will be strengthened by the great finishing touch to"
industry experts, network editor of the International Ship Wang Yang
said.

At present, the domestic shipyards most areas of expertise is no
doubt the demand for larger and low-value bulk carriers. Although the
new South Korean shipyards received orders to become more behind
China, but in marine engineering, LNG ship high-value-added areas of
the ship, still occupied an absolute advantage.

In this regard, "Ship of industrial restructuring and
revitalization plan," stressed that domestic enterprises in 2011 to
make the "ocean engineering equipment market share of 10%." According
to industry insiders, marine engineering and equipment is mainly used
for offshore oil and gas exploration and exploitation, from 2002 to
2007, the global offshore oil and gas of the average total investment
reached 100 billion U.S. dollars, the market capacity is considerable.

At present, including the China Shipbuilding Industry Group, China
Shipbuilding Industry Group, numerous ships, including the layout of
the sea enterprises are actively working the market.

Tan, general manager of China Shipbuilding Group, as Kwan pointed
out that the marine engineering equipment is shipbuilding industry a
new economic growth point, is also a shipbuilding enterprises to
optimize business structure to cope with market risk and the
achievement of science and technology leader in strategic choice. As
early as in 2008, the China Shipbuilding Group, the port in Shanghai's
Pudong New City open construction of large marine engineering
equipment base. Group's Waigaoqiao shipyard, but also has produce 30
ton offshore floating Production Storage and Offloading vessel (FPSO)
capabilities.

In addition, around the country since 2010, frequent gas and
imported liquefied natural gas shortage of rapid growth, but also
stirred up the domestic shipyards for the construction of LNG vessels
(specifically used to transport liquefied natural gas) of interest.

At present, the domestic capacity with the construction of LNG
ships and only in the ship's Hudong-Zhonghua Shipbuilding Group, but
more competitors are after another to follow. After all, for domestic
large-scale shipyard, in addition to the construction of container
ships and bulk carriers, the to the ocean engineering, LNG ships and
other high-end area of expansion is to improve the overall
competitiveness of the inevitable self-direction.

Forex Trading: How to deal the United States in December durable goods orders

Concern Currency: EUR / USD

Expected: increased by 2.0%

The former value: 0.2%

Pre-events and market reaction:

December 24, 2009, the United States in November durable goods orders
rose 0.2%, after rising 0.5 percent forecast.

Since December 24 for Christmas Eve, the United States closed the day
data is not comparable.

November 25, U.S. October durable goods orders fell 0.6 percent
monthly rate, the former values have increased by 0.5%.

The euro / dollar in the data fell within 1 hour after the release of
19 points, the final day down 63 points.

The incident analysis and prediction:

U.S. durable goods orders for December are expected to increase by
2.0%, the U.S. economic growth may be further demonstrated to improve
the signal. Released by the U.S. Commerce Department report showed
November factory orders up 1.1%, which is expected to rise 0.5% after
more than twice, while the December ISM manufacturing index jumped to
55.9, the former value of 53.6, as since April 2006 the highest value.
Over the same period of the chain store sales increased 2.8%. However,
in December retail sales fell 0.3% in November consumer credit to
reduce 17.5 billion U.S. dollars, is that the data in 1943 the largest
decline since records began.

Previously published in the Federal Reserve Beige Book, 12 districts
in 10 areas of economic activity improved in most areas of housing
sales increase; however Beige Book said the labor market remains weak,
which continued to suppress the growth of wages. Wednesday the U.S.
Federal Reserve to keep interest rates unchanged time to reiterate the
cost of borrowing will be more time to maintain a low level. The Fed
said the economic situation continued to improve, said the
deterioration in the labor market may be weakening again anticipated a
rebound.

Widely expected by economists, the United States in December durable
goods orders for the second consecutive month on rates will rise, so
the dollar upside risk. If the December durable goods orders rose by
2.0% as expected, or more, it will promote a stronger dollar, so that
the euro / dollar fell, investors may be creation of the euro / dollar
short positions, but should set up a proper stop-loss position, as
well as when the profit-taking.

On the contrary, Ruoyin on worries about slowing economic recovery, or
to make anonymous and businesses cut spending, then the December
durable goods orders fall or accident, then it would be the dollar.
Therefore, if the December durable goods orders increased by 1.0% or
smaller extent, then the dollar will be under pressure to go soft,
investors may choose creation of the euro / dollar long positions.

Targets for this year, Guangdong's foreign trade reached 640 billion U.S. dollars

Reporter from Guangdong Province on the 30th the Third Session of the
Eleventh National People's Congress held a press conference learned
that Guangdong Province is expected to this year's goal is to import
and export trade reached 640 billion U.S. dollars, an increase of 5%.

Guangdong Foreign Trade and Economic Cooperation, Mr Liang Yaowen told
reporters that two OO nine years in Guangdong Province, economic
development since the new century, the most difficult year, but also
in Guangdong Foreign Economic and Trade effectively cope with the
international financial crisis, achieved better than expected for one
year.

Guangdong Governor Huang Hua Hua has said the financial crisis on
dependence on foreign trade as high as 150 percent for a big impact in
Guangdong last year, it is difficult to maintain zero growth.

It is understood that the end of 2 OO 8 Import and Export of Guangdong
began to fall, starting in January last year, has dropped
significantly. January imports and exports, exports were down year on
year into a three-shing and two around, only corporate orders will be
dropped Jinsi Cheng. Liang Yaowen said it was from his offices in 1978
to enter foreign trade has been experiencing the most difficult, the
most severe test.

Guangdong's economy in order to save face, "Waterloo", the Guangdong
provincial government issued a series of initiatives to support and
optimize the electrical and mechanical, high-tech exports, while
upgrading its industries and to bear fruit.

It is reported that two OO nine years, the Guangdong high-tech product
exports, compared to 2 OO improved 2.1 percentage points for eight
years. The traditional export products such as textile and garment
exports dropped year on year by nearly 2.2 percentage points. At the
same time, there are more than 500 processing enterprises have become
foreign-funded enterprises or private enterprises, and the industrial
economy of Guangdong "V" shaped recovery trend.

According to statistics, 2 OO nine years, Guangdong Province, import
and export trade, valued at more than 600 billion U.S. dollars, down
10 percentage points. Exports exceeded 350 billion U.S. dollars, the
actual absorption of foreign direct investment and finance is about 20
billion U.S. dollars, an increase of Jinliang Cheng. In the meantime,
Guangdong Province, shutting down the transformation of a number of
foreign-invested enterprises reached 1700, of which there are 1430
closed, 100 or fewer small businesses accounted for nearly Bacheng.

Many people are concerned that this year, Guangdong's foreign trade
will be how to achieve this goal? In this regard, Liang Yaowen said it
pick up signs of the world economy, due to a series of measures taken
by States to make the whole there has been some increase in
international trade, while China's economy as a whole surface is also
within the control of sound, but now China's export situation is not
optimistic about cross-border investment in Guangdong, Guangdong will
affect the next step to further reduce the import and export trade. In
addition, international primary products and energy resources,
products volatile for the expansion of exports in Guangdong will also
be a certain impact.

Meanwhile, in Guangdong Province in January this year, more than 1000
enterprises in the survey concludes that companies with more than a
Liucheng order to get only one to three months for a long time very
few orders. And therefore the situation of foreign trade in Guangdong
this year, there is still a larger test. However, in Guangdong last
year shut down a large number of foreign-funded enterprises, but the
new foreign-funded enterprises introduced more than 4300, the contract
volume reached 17.5 billion U.S. dollars, thus the number of small
businesses shut down the impact of foreign-funded enterprises in
Guangdong is not significant.

In addition, Guangdong will strive in training to achieve a
breakthrough on the domestic multinationals to expand overseas
resources to develop. According to reports, Guangdong, China and
Vietnam this year, will promote (Shenzhen - Haiphong) the building of
trade and economic cooperation zones, as well as Southeast Asia,
Australia, Africa, South America and other countries and regional
cooperation. And plans to build multiple brands in the ASEAN
production base and the corresponding sales and marketing network as
well as Guangdong commodity marketing center, to build the core
competitiveness of foreign trade in Guangdong.

Monday, January 11, 2010

Seek orders Tips

Orders, or orders. Damn orders, we do drink the first line to run fast
moving consumer goods store sales representative faces daily orders,
the number of times the pressure - the number of customers every day
to run and maintain the success rate, and so how much. How can we get
more orders from a higher success rate? In addition to must be a very
good customer with our customers love, and sometimes there are some
tips to help get more orders can be more with less. Combine many years
of work experience and I ran with the front-line sales representative
market exchange, to share a few tips: First, choose the method (also
called the election a method 2): Do not ask how many customer needs
into the cargo box, but what the customers into A box or B box goods
(a figure reported to the customer that we believe that the number of
customers can enter the hearts of price, but also customers can digest
the cargo; the other figures are slightly more than this figure the
number of goods). Most people always have the mental preparedness and
the advantage, only to multiple-choice questions when. Often a natural
choice does not think that the answer to their advantage (to think
that the cargo into the fact that they have a look for a bargain), the
psychological preparedness has been greatly weakened. Always to the
customer to do multiple-choice questions, will not do Q & A question.
Second, the sample method: the number of other clients into the box
goods orders, for example, to guide customers purchase. People have a
great herd mentality, when we around the table or the majority of
opinion leaders said they approved, we have to follow anyone's view.
When customers find that the street has been purchasing large or
competitor, or the majority of people have already purchase, customers
will generally follow the others to purchase herd. Third, gift
Preference Act: This is a fast method of selling goods, often used to
design a threshold for participating in the activities (the number of
boxes into the cargo, or must meet certain conditions), then you can
get the number of awards (usually incentives to customers needs
something The most attractive). In a variety of promotional packages
to offer profit sharing to guide customers more purchase. 4, fuzzy
method: Customer-specific number of orders can not remember clearly,
appropriate expansion of certain food items and increase the amount of
certain food items (This method is only applicable to relatively
careless, good speaking clients, do not have broad). 5, Valet decided
law: when the customer hesitated (in fact, customers are able to
purchase, just a little worry about), do not ask their whether or not
to, directly under their orders out of a fait accompli. 6, playing
hard to law: the exclusive use of human psychology, told the clients
do not goods, and no gifts, and are not eligible to participate in
activities, limited, etc., allow customers to feel that he is the only
person who look for a bargain. This method allows clients to use the
most thank you, also most able to control clients. 7, the request
method: tell customers how difficult their task has multiple. The use
of customer's compassion, good acquaintances refused to psychology,
allow customers to purchase multi-increasing variety. Using this
method, measured the furnace should pay attention to not allow
customers to feel that he has been helping you, so help you favor one
day he was to repay these loans. 8, ask law: Walsh said there is no
way for customers (who in his heart there is always stronger than you,
I suggest, educate their younger generation of vanity), direct and
frank advice to customers, asking what to do with its own well, let
pointing might be able to produce pleasant surprise. We have some way
to be able to get orders for the title technique, fundamentally
speaking, we would like to take orders, multi-Yahuo, we must always be
a truly customer-centric, real concerned about the customer needs -
always to help clients earn more profits. Speaking from a military
commander - troops impermanence type, water has no fixed form. The use
of skills is not static, is constantly changing based on the actual
situation changes, can be a way, which can be a variety, not to
mention the use of a combination of sequence, give them to do see.
Techniques and the like only to add that we work really is - well-off
love, care for the interests of customers.

Order knowledge

To win new customers online orders 3 kill
(1) professional services. The initial conversation, you must
demonstrate your professional. For my part, we have to do is a
trademark of apparel and textiles business, I can see a sample of
customers know that this product can do our plant. Through what to do
come out with a few processes, the difficulty lies. Precise cost is.
How many days should be a kind of, to the number of days to complete
large cargo. Also aware of the recent row of single-plant case, a few
days you can turn this single on the production line.

(2) a reasonable offer. Internet sales offer our plant in general
slightly lower than other sales. Because of Internet sales and
eliminating the need to open an office clerk for travel expenses,
costs are slightly lower. Of course, must make sure that profitable.

(3) Rapid sampling. We plant the initial contact with the general
network of new customers is always the fastest high-quality samples
(must be in time for the commitment before the time), tend to give
customers bring surprise, surprise. About proofing fee: General
Products free proofing costs, and advanced products only 80% of fees
collected.

Friday, January 8, 2010

Foxconn received new orders worth more than Nokia LG HTC

January 8, according to Taiwan media reports, the global mobile phone
industry, recovery, Foxconn was Nokia, LG Electronics and other new
orders. Foxconn recently broke HK Hong Kong stocks rose 10 yuan,
conversion market value has more than NT 300 billion yuan (about
64.275 billion yuan), HTC and more than 2800 billion yuan (60.088
billion yuan), the market value of Taiwan's mobile phone industry, the
highest business.

Foxconn has recently won new orders, due to Palm's first-generation
touch mobile phones sold in the United States before the success, the
second-generation products will soon be in the United States Consumer
Electronics Show (CES) on the debut are made from Foxconn orders for
mass production. Recently, the supply chain, spread, LG Electronics in
2012, the world's top two to move forward under the leadership of the
strategy this year to expand the outsourcing of mobile phone assembly
(EMS) in order to cope with the internal worry about capacity
shortages. Last year, LG Electronics is about to release three million
mobile phone assembly orders to Foxconn, this year is expected to
expand to 10 million, Foxconn greatest chance of winning.

Foxconn Hon Hai Group is owned 72% of mobile phone OEM companies OEM
customers include Nokia, the top five mobile phone factory.

Wistron order to intensify the building of a base full of Taizhou

The world's third-largest notebook PC OEM business Wistron outgoing
message, the enterprises not only orders for full year 2011, orders
have been finalized third. Wistron (Taizhou) project person in charge,
in this situation, Taizhou production base will step up construction
of mass production later this year for the next three years to prepare
for the market demand for capacity.

It is understood that production base in Taizhou Wistron an
engineering and construction area of approximately 35 million square
meters. At present, the factory piling works coming to an end, living
in the dormitory area supporting the foundation is playing and dining
will soon start the construction.

Statistical data show that Wistron laptop last year's output of major
products of approximately 25.6 million units, up 21%; this year's
forecast for shipments of up to 31 million units. At the same time,
LCD TVs, monitors and desktop computers and other products, this year
will significantly increase the proportion of revenue, including
desktop computer shipments are expected to grow by 66%. The LCD, TV
products, last year approximately 2.6 million units shipped this year,
is expected to reach 5.2 million units, becoming a new important
business growth.

Taizhou Wistron official said the company towards quality and market
share of the world's first move at the same time, Taizhou plant will
also produce high-quality and high standards in construction, together
with the company to "the world's first" goal.

Tuesday, January 5, 2010

The world's shipbuilding industry received orders for the new continuous to bring a touch of warmth to the industry

Since 2009, the container industry in general are at a loss, and the
losses continued to widen. 2009 from January to October, 100
containers a loss of 485 million manufacturing enterprises. Affected
by the impact of slump in demand, most enterprises have ceased
production of basic dry goods box state, the industry is now cool.

Since September 2008 the new ship orders have fallen sharply, and
once there is a global zero-order situation. 2009 7,8 month, a new
global orders for two consecutive months, more than 6 million dwt,
9,10 two-month orders for new ships, although not as optimistic about
the first two months, but still better than the first half of 2009
levels, more than in November 5 million dwt of new orders also
increased the steady recovery in new ship orders in the second half
trend. Received consecutive orders for the new boat receded city of
panic is in the winter for the industry to bring a touch of warmth.
With the current round of development of the peak of the past, the
industry will enter a stable stage of development.

Excess capacity led to the recovery process will be relatively
long. Capacity requirements or will be a longer period of time
remained stable. In 1973 the first oil crisis, GDP growth in 1973 fell
drastically from 6.1% to -0.3% in 1975. From 1977, the ensuing 10
years, the additional capacity to lower demand, the capacity without
significant changes occur. Not until 10 years later, before the
emergence of new capacity requirements, capacity began to rise over
time. The financial crisis, the future capacity of the new demand will
be greatly reduced.

Order to gradually hand delivery to capacity oversupply after
2010. As of the end of November 2009, the global orders for ships
carrying a total of 8267 enterprises, 500 million dwt, down 17.1%.
These orders will be in the next 2-3 years, capacity transit into
reality. Capacity in anticipation of reduced demand, the whole
shipping market faces oversupply in capacity to suppress the demand
for new vessels.

China Shipbuilding Association: Ultra-6 into the shipyard did not order last year, shipping experts say prices will continue to fall

Although China's shipbuilding enterprises will accept orders from June
the ship began to move out of the fourth quarter of 2008, its lowest
ebb since the state has larger volume, but the year 2009,
approximately 65% of the shipping companies did not receive any
orders, in particular, some emerging shipyard. China Shipbuilding
Industry Association in the latest release of "Economic Operation
Analysis Report" that in 2009 the first 11 months, the domestic
shipbuilding increase in corporate profits fell 36.9%, shipping
companies to increase 369 million yuan year on year losses.

Report pointed out that under the impact of the shipping
market is gradually warmed up, China's shipbuilding output has monthly
for 4 consecutive months over 4 million tons, maintaining stable and
rapid growth. Which in November received new ship orders for 3.83
million dwt, accounting for the world in November for more than half
of new ship orders.

China Shipbuilding Association, said the people concerned,
China received orders for new vessels mainly in Group two ships, as
well as Jiangsu, Zhejiang, Fujian, Shandong and other provinces part
of the shipyard.

In 2009, the local large-scale shipbuilding enterprises to
further improve its market share. 1 November, the main shipbuilding
shipbuilding industry cities main business revenue, profits have
maintained more than 30% growth. Analysis of these people, thanks to
the revitalization plan the ship after the introduction of timely
adjustments to the shipbuilding industry over taxation, finance,
mergers and restructuring, industrial investment, structure, and to
give policy support.

1 November, the National 1859 industrial enterprises above
designated size ship main business income of 408 billion yuan, an
increase of 30.9%. In addition, the total profit of 31.64 billion
yuan, an increase of 8.3%.

Statistics also show that a ~ 11 months, China's shipbuilding
reached 36.54 million deadweight tons. China Shipbuilding Association
expects full-year amount is expected to be completed more than 40
million dwt.

In 2009 in China there are still about 30% of handheld
shipbuilding orders by the financial crisis had been postponed
delivery or cancellation, 1 November, shipbuilding enterprise profit
24.23 billion yuan, up 19.6%; 296 loss-making enterprises shipbuilding
industry (including manufacturing and supporting repair and
ship-breaking industry), a loss of the amount of 1.32 billion yuan.

Shipbuilding industry experts believe that the rising prices
of individual ship new ship does not mean that the current
shipbuilding market has adjusted in place, new ship orders is still
not enough to support the new vessels to enlarge stabilizing the price
level, prices continue to fall is still the main trend of development.