Shipbuilder ready to build more aircraft carriers

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Hu also said his company is ready to build the vessels for the carrier formation "at any time". Such a formation is generally made up of the carrier itself, destroyers, escorts, supply vessels and submarines, he said.

China's first aircraft carrier "Liaoning" finishes the maiden voyage after its commission to navy, and goes back to the port of Dalian, Northeast China, on Nov. 30, 2012. [people.com.cn]



He revealed that China has recently embarked on its 13th patrol mission in the Gulf of Aden and Somali waters. His company has built 95 percent of the vessels used for such missions over the past few years. The CEO said he believed the purpose of weapons and equipment development is to preserve international peace so that the country can secure economic and social growth.

China has developed satellites, nuclear and hydrogen bombs to safeguard national security, Hu said.

"Likewise, developing aircraft carriers and other new-generation armament for the navy is tailored for the country's defense and the need to protect marine rights and interests."

In building vessels for civilian use, amid a global downturn in shipbuilding, Hu said his company is changing course, focusing on the higher-end, value-added vessels and marine engineering facilities.

This currently accounts for only 35 percent of the company's turnover, while those of lower-end contribute to 65 percent.

Hu pledged to complete structural optimization and reverse the proportions by 2015, when his company is expected to become the world's largest shipbuilder.

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