Chinese merchant fleet worth 204 billion U$D

chiny24.com 1 year ago

Chinese merchant fleet worth 204 billion U$D

Japan is the first in the planet to be ranked in the value category of commercial ships. The fleet of nipponese shipowners is valued at a full of USD 206.39 billion (about PLN 808.14 billion). China is second in this category and is at the same time a leading player in the number of ships owned. The Chinese shipowners have a full of 6084 units worth USD 204.01 billion (approx. PLN 798.89 billion).

The Central State has the largest fleet of bulk carriers, both in terms of quantity and value of ships.

China besides owns the largest number of tankers and container ships. The tanker fleet consists of 1576 vessels with a full value of USD 47.44 billion (approx. PLN 185.77 billion), while the containerer fleet consists of 1011 units with a value of USD 42.60 billion (approx. PLN 166.84 billion).

The newer on the list of 10 valuedly largest shipowners is Hong Kong taking the last place. The full value of its fleet is $44.72 billion (about PLN 175.11 billion). The Hong Kong fleet structure is dominated by masseurs.

The ranking was developed by the consulting company VesselsValue (shipping advice) based on prices from February 2024.

Source: vesselsvalue.com

Chinese diaspora in the world

Chinese diaspora in the planet has 39.5 million people surviving in 130 countries. The largest Chinese community lives in Thailand. It has 9.3 million people.

The second is Malaysia. This is where 6.88 million Chinese live. Only 3rd in numbers is the Chinese diaspora surviving in the United States. There are 5.03 million Chinese migrants here. In Indonesia (fourth place) there are 2.83 million Chinese, and in Canada (fifth place) 1.77 million.

These countries become the mark of emigration for Chinese for economical reasons, but besides educational opportunities or lifestyle-related reasons.

Chinese migrants are frequently well educated and occupy managerial positions. They tend to get the right to legal permanent residence through work. This applies especially to migrants to highly developed countries.

Since the beginning of the 21st century, there has been a sharp increase in the number of Chinese students returning to China from abroad, driven by the strong economy of the country, many opportunities, attractive earnings and career options. This trend was further driven by various government initiatives to attract highly qualified migrants. As a result, Chinese returning to the country play an crucial function in the improvement of high-tech companies, the introduction of fresh concepts of management and regeneration of conventional industries, contributing to China's economical development.

In 2019, 580,000 migrants returned to the country, and in 2023 1.05 million abroad school graduates.

83.7% of those who chose to survey abroad in 2017-2023 returned to the country.

China is besides gradually beginning up to immigrants. In 2023 35.5 million foreigners visited China (in 2022 4.47 million). 711,000 permanent residence permits (in 2022 477,000) were issued for purposes specified as work, household reunification, private affairs and studies.

Source:

nia.gov.cn
learning.sohu.com

Production and sales of cars in I 4th 2024

The Chinese car Manufacturers Association (chin. 中国汽车工业协会) published data on the production and sales of cars in the first 4th of 2024.

In the January-March period 6,606 million cars were manufactured and 6,72 million cars were sold, representing an increase of 6.4% and 10.6% respectively year-on-year (r/r).

Exports of Chinese cars inactive stay high. In the first 4th of this year 1,324 million vehicles were exported, an increase of 33.2% y/y.

This figure included 248 000 electrical cars (7.3% increase y/y) and 59 000 hybrid cars, which represents a 2.6-fold increase in exports in terms of year/y.

59.6% of passenger vehicles on Chinese roads in the first 4th of this year are national brands. Their share increased by 7.4% y/y.

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