<p>Guangzhou has formally launched a new state-owned maritime industrial group as the southern Chinese shipbuilding hub looks to expand its manufacturing capacity and bring more of the industry&#8217;s supply chain under local ownership. Guangzhou Marine Equipment Group, established with registered capital of RMB2bn ($300m), has begun operations following an unveiling ceremony this week. The company &#8230;</p> </p><p><p>https://splash247.com/china-adds-new-state-owned-shipbuilding-player-in-guangzhou/</p></p>