{"id":513737,"date":"2026-03-02T11:16:09","date_gmt":"2026-03-02T11:16:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/513737\/"},"modified":"2026-03-02T11:16:09","modified_gmt":"2026-03-02T11:16:09","slug":"open-questions-top-china-shipbuilding-voice-li-yanqing-on-why-the-us-industry-cant-be-rebuilt-overnight","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/513737\/","title":{"rendered":"Open Questions | Top China shipbuilding voice Li Yanqing on why the US industry can\u2019t be rebuilt overnight"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Li Yanqing, executive vice-president and secretary general of the China Association of the National Shipbuilding Industry (Cansi), discusses the impact of US trade policies, global market cycles and China\u2019s strategic pivot towards high-quality manufacturing.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">As a shipbuilding veteran who also serves as chairman of the ISO\/TC 8 ships and marine technology committee, which oversees international standardisation for shipbuilding and marine operations, Li is a prominent voice for China\u2019s industry on the global stage.<\/p>\n<p>For other interviews in the Open Questions series, <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/news\/china\/series\/3256715\/open-questions?module=inline&amp;pgtype=article?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">click here<\/a>.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The United States has its own road map, and the Chinese shipbuilding industry has no objection to the US revitalising its own sector.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">However, from a professional standpoint, if anyone believes that investment alone can resurrect an entire industry, they may need a refresher course in the fundamentals of industrial economics.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">According to traditional industrial economic theory, the rise and fall of shipbuilding are driven by three key factors: capital, labour and technological innovation. It is important to note that innovation can yield results only when built upon a solid foundation of capital and labour.<\/p>\n","protected":false},"excerpt":{"rendered":"Li Yanqing, executive vice-president and secretary general of the China Association of the National Shipbuilding Industry (Cansi), discusses&hellip;\n","protected":false},"author":2,"featured_media":513738,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[257075,64,63,99,257079,512,257073,2490,164,257081,257077,257080,257076,179077,257078,257074,177886,5813,250824],"class_list":{"0":"post-513737","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-american-shipbuilding","9":"tag-au","10":"tag-australia","11":"tag-business","12":"tag-cansi","13":"tag-china","14":"tag-china-association-of-the-national-shipbuilding-industry","15":"tag-donald-trump","16":"tag-economy","17":"tag-global-market-cycles","18":"tag-high-quality-manufacturing","19":"tag-international-maritime-organization-strategy-on-reduction-of-greenhouse-gas-emissions-from-ships","20":"tag-iso-tc-ships-and-marine-technology-committee","21":"tag-jones-act","22":"tag-li-yanqing","23":"tag-red-sea-crisis","24":"tag-russia-ukraine-conflict","25":"tag-south-korea","26":"tag-us-trade-representative"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/513737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=513737"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/513737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/513738"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=513737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=513737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=513737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}