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China Shipping, a shipping conglomerate under the direct administration of the State Council of the People's Republic of China said that it will start its merger plan next year since the shipping industry has remained sluggish.It's known that the global shipping companies have sought for cooperation to reduce the surplus of transportation and to raise the freight due to the slowdown economy.The President of China Shipping said that the shipping enterprises should ally to integrate the resources while he didn't reveal the detailed plan