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CSSC
The China State Shipbuilding Corporation (CSSC) is a state-owned shipbuilding conglomerate of the People's Republic of China (PRC). Background CSSC is one of the top 10 defence groups in the PRC. It consists of various shipyards, equipment manufacturers, research institutes and shipbuilding-related companies that build both civilian and military ships. It owns some of the most well known shipbuilders in China, such as Dalian Shipbuilding Industry Company, Jiangnan Shipyard, Hudong–Zhonghua Shipbuilding, Guangzhou Huangpu Shipbuilding and Guangzhou Wenchong Shipyard. Its subsidiary, China CSSC Holdings Limited (), is listed on the Shanghai Stock Exchange, and in turn owns other subsidiaries including Shanghai Waigaoqiao Shipbuilding. As of , CSSC builds a third of all ships in the world, making it the world's biggest shipbuilding conglomerate. All CSSC ships are built to military specifications, according to Chinese government doctrine. History Early developments ...
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Hudong–Zhonghua Shipbuilding
Hudong–Zhonghua Shipbuilding is a subsidiary of China State Shipbuilding Corporation (CSSC). It produces civilian and military ships. Hudong–Zhonghua claims to be the "Cradle of Chinese Frigates and Landing Ships" for its work for the People's Liberation Army Navy. History Hudong–Zhonghua Shipbuilding was formed by the merger of Hudong Shipbuilding Group and Zhonghua shipyard. Hudong-Zhonghua constructed ''Dapeng Sun'', the first LNG carrier built in China, for million. Delivery, four months late, occurred in April 2008. In 2005, it was announced that Hudong-Zhonghua intended to invest into a joint venture with České loděnice (Czech Shipyard) in Děčín. České loděnice avoided collapse by merging with VEKA Group in 2011. In July 2001, a 5000-ton gantry crane collapsed at Hudong Shipbuilding Group while being erected, killing 36 workers and injuring another eight. It was the first gantry crane designed and built in China. In May 2008, two 600-ton gantry crane ...
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Sixth Ministry Of Machine Building
Sixth Ministry of Machine-Building of the PRC (中华人民共和国第六机械工业部), one of the central offices in the People's Republic of China, created on Sept. 2, 1963, who oversaw the shipbuilding industry. After Cultural Revolution the first information about its business, already as a Ministry of Shipbuilding, from June 1970. In May 1982, was closed and converted into the China Shipbuilding Corp., July 1, 1999 which was divided into two organisms, the: * China Shipbuilding Industry Corp. - CSIC in Beijing, * China State Shipbuilding Corp. - CSSC in Shanghai. In 1950, the first aid the Chinese shipbuilding industry has given the Soviet Union. In 1986, China had 523 yards, 160 factories manufacturing facilities, 540,000 employees and more than 80 offices and scientific research. The main shipbuilding centers are Shanghai (Jiangnan Shipyard), Dalian (Dalian Shipbuilding Co.), Tianjin, Guangzhou and Wuhan. See also *First Ministry of Machine-Building of the PRC *Second M ...
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Civilian Ship
A civilian is a person who is not a member of an armed force. It is illegal under the law of armed conflict to target civilians with military attacks, along with numerous other considerations for civilians during times of war. If a civilian engages in hostilities, they are an unlawful combatant and temporarily lose their protection from attack. It is slightly different from a non-combatant, because some non-combatants are not civilians (for example, people who are not in a military but support war effort or military operations, military chaplains, or military personnel who are serving with a neutral country). Civilians in the territories of a party to an armed conflict are entitled to certain privileges under the customary laws of war and international treaties such as the Fourth Geneva Convention. The privileges that they enjoy under international law depends on whether the conflict is an internal one (a civil war) or an international one. In some nations, uniformed members (or ...
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Government Of China
The government of the People's Republic of China is based on a system of people's congress within the parameters of a unitary communist state, in which the ruling Chinese Communist Party (CCP) enacts its policies through people's congresses. This system is based on the principle of unified state power, in which the legislature, the National People's Congress (NPC), is constitutionally enshrined as "the highest state organ of power." As China's political system has no separation of powers, there is only one branch of government which is represented by the legislature. The CCP through the NPC enacts unified leadership, which requires that all state organs, from the Supreme People's Court to the State Council of China, are elected by, answerable to, and have no separate powers than those granted to them by the NPC. By law, all elections at all levels must adhere to the leadership of the CCP. The CCP controls appointments in all state bodies through a two-thirds majority in t ...
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Specifications
A specification often refers to a set of documented requirements to be satisfied by a material, design, product, or service. A specification is often a type of technical standard. There are different types of technical or engineering specifications (specs), and the term is used differently in different technical contexts. They often refer to particular documents, and/or particular information within them. The word ''specification'' is broadly defined as "to state explicitly or in detail" or "to be specific". A requirement specification is a documented requirement, or set of documented requirements, to be satisfied by a given material, design, product, service, etc. It is a common early part of engineering design and product development processes in many fields. A functional specification is a kind of requirement specification, and may show functional block diagrams. A design or product specification describes the features of the ''solutions'' for the Requirement Specification ...
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The Times
''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (founded in 1821), are published by Times Media, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'' were founded independently and have had common ownership only since 1966. It is considered a newspaper of record in the UK. ''The Times'' was the first newspaper to bear that name, inspiring numerous other papers around the world. In countries where these other titles are popular, the newspaper is often referred to as or , although the newspaper is of national scope and distribution. ''The Times'' had an average daily circulation of 365,880 in March 2020; in the same period, ''The Sunday Times'' had an average weekly circulation of 647,622. The two ...
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Shanghai Stock Exchange
The Shanghai Stock Exchange (, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's third-largest stock market by market capitalization, exceeding $6 trillion in July 2024. It is also Asia's biggest stock exchange. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government due to capital account controls exercised by the Chinese mainland authorities. In 1891, Shanghai founded China's first exchange system. The current stock exchange was re-established on November 26, 1990, and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC). History The formati ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Guangzhou Wenchong Shipyard
Guangzhou, previously romanized as Canton or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the Silk Road. The port of Guangzhou serves as a transportation hub for China's fourth largest city and surrounding areas, including Hong Kong. Guangzhou was captured by the British during the First Opium War and no longer enjoyed a monopoly after the war; consequently it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major entrepôt. Following the Second Battle of Chuenpi in 1841, the Treaty of Nanking was signed between Sir Robert Peel on behalf of Queen Victoria and Lin Zexu on behalf of Emperor Xuanzong and ceded Hong Kong to the United Kingdom on 26 January 1841 after the agreement of the Convention of Chuenpi. Guangzhou is at the center of the Guangdong� ...
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