Longxue - South China's dragon's den set to build on its reputation

摘要

It is because a dragon is a noble and glorious icon for the Chinese people that its den must, therefore, be a very mysterious place. Longxue, which literally means 'dragon's den' in Chinese, is just such a place and CSSC Guangzhou Longxue Shipbuilding Co., Ltd. , the joint venture between China State Shipping Corporation (CSSC) (60% stake), Baosteel (30% stake) and China Shipping (10% stake) with a registered capital of RMB2.72billion (US$5.9million), are developing it into the largest shipbuilding base in the Pearl River Delta (PRD).