2007 Annual Report

	CHINA SHIPPING DEVELOPMENT COMPANY LIMITED (01138)

Company Profile Financial Highlights Major Financial Data and Indicators Management Discussion and Analysis Report of Corporate Governance Report of Directors Report of Supervisory Committee Report of the International Auditors Consolidated income statement Consolidated balance sheet Consolidated summary statement of changes in equity Consolidated cash flow statement Balance sheet Notes to financial statements(1) Notes to financial statements(2) Notes to financial statements(3) Notes to financial statements(4) The financial statements in accordance with chinese accounting standards Consolidated Balance Sheet Consolidated Income Statement Consolidated Cash Flow Statement Consolidated owner's equity changing statement Balance sheet Income statement Cash flow statement Owner's equity changing statement Notes to consolidated financial statements (1) Notes to consolidated financial statements (2) Notes to consolidated financial statements (3) Notes to consolidated financial statements (4) Corporate Information Biographical Details of Directors, Supervisors and Senior Management