Beijing is extending an olive branch to overseas companies as it seeks to build a more integrated global supply chain for the shipbuilding industry, in its latest push to project goodwill and support free trade.
Gao Dongsheng, chief economist at the Ministry of Industry and Information Technology (MIIT), said on Tuesday that China was committed to further opening up its shipbuilding sector.
Mainland shipyards, which currently have a capacity to build about 65 million deadweight tonnes of large…