Ship repair sector buoyant
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Container ships undergo repairs at a shipyard in Nantong, Jiangsu province.[Photo by Xu Congjun/For China Daily]
Companies gain from favorable policies in pilot FTZs, shutdown of foreign shipyards
China's ship repair and maintenance sector will see a robust period this year, thanks to favorable policies in the pilot free trade zones and the shutdown of several foreign shipyards for COVID-19 prevention requirements, industry experts said.
Like maintenance services for family vehicles, this kind of work is essential to keep mechanical equipment or machinery running smoothly on a ship. Be it a large structure or a small machine, efficient maintenance can prolong the life of such equipment.