About 90% of global trade in terms of value is seaborne. The seaborne trade is about 7 billion tons annually; usually contributes 15% to global GDP [1]. Global major shipbuilding industry already shifted to the Asian reason, mainly China, South Korea and Japan; the three shipbuilding giant in the world. China has taken an effort and implements a shipbuilding strategy in the beginning of this century to establish itself as a major maritime power. It is now the world largest shipbuilder in terms of gross tonnage and value; leaving behind both Korea and Japan. China is the world largest trading nation and World Bank estimates that, it will continue its economic development in coming future even [2]. CNN [3] reported that Chinese total trade for 2013 reached US$ 4.2 trillion. China overtakes USA and become top trading nation and manufacturing economy in the world in 2014. China?s shipbuilding efforts and strategy has enabled the country to make its shipbuilding industry competitive and efficient and provided an opportunity to describe how a judicious mix of public and private enterprise can kick-start an industry and establish sustainable economic boom [4]. This is a research paper based mainly on primary data collected physically by first author from China from shipbuilding stake holders like renowned shipyards, classification societies, manufacturers of shipbuilding materials and machineries and also secondary information from shipbuilding literatures. Researcher work under CSIC in a renewed shipyard for more than three years in china and analyze the industry by physical involvement. Shipbuilding industry of china is a vast and widely spread around the china coast and riverside. So it is a very complicated and challenging task for a foreigner to analyze the industry. Moreover, language barrier and access to information inside China is also a big challenge. However, everything was under reasonable control due to physical presence in China of the researcher and direct involvement to the industry for three years. This research work mainly focuses on China economic status in context of world economy, global shipbuilding trend, shipbuilding practice in modern days, global shipbuilding order, china shipbuilding growth and Strength Weakness Opportunity Threat (SWOT) analysis of China Shipbuilding Industry.