China's economy harvests prosperity in golden autumn

By Ma Qing | chinadaily.com.cn | Updated: 2023-10-19 06:40
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A permanent drum magnet is displayed at the World Marine Equipment Expo 2023 in Fuzhou, Fujian province on Oct 13, 2023. [Photo/VCG]

The World Marine Equipment Expo 2023 closed on Sunday in Fuzhou, Fujian province, with business deals worth over 60 billion yuan sealed.

The event, covering an exhibiting area of nearly 100,000 square meters, focused on the cutting-edge technologies and achievements in the maritime equipment sector.

In recent years, China has made remarkable advancements in high-tech research and development and the construction of maritime equipment.

Highlights include the operation of the Bacalhau, the world's first M350 floating, production, storage and offloading vessel, and the maiden voyage of China's first domestically built large cruise ship, Adora Magic City.

The share of advanced ship types produced in China keeps increasing, injecting fresh energy to the global maritime equipment industry with Chinese innovation.

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