Recently, the Shanghai International Shipping Institute released a report on China's shipping industry in the third quarter of 2020. Various prosperity and confidence indices indicate that China's shipping industry has fully recovered. Among them, China Shipping Prosperity Index in the third quarter was 118.40 points, an increase of 29.03 points from the previous quarter, rose to a relatively prosperous range. China Shipping Confidence Index rose 50.84 points from the previous quarter to 115.63 points, also entering a relatively prosperous range. In the third quarter, the prosperity index of ship transport enterprises was 125.27 points, an increase of 32.02 points from the previous quarter, entering a relatively prosperous range. The confidence index of ship transport enterprises was 119.38 points, an increase of 51.58 points from the previous quarter, and rebounded significantly to the relatively prosperous range. The prosperity index of dry bulk transportation enterprises in the third quarter was 109.22 points, up 24.38 points compared with the previous quarter, rising from the relative depression range to somewhat prosperous range. The confidence index rose 55.94 points from the previous quarter to 104.33, entering somewhat prosperous range. In the current quarter, the prosperity index of container shipping enterprises was 146.75 points, an increase of 56.27 points from the previous quarter, rebounded to a relatively prosperous range. The confidence index of container shipping enterprises was 153.32 points, up 96.40 points from the previous quarter, entering a stronger boom range. In addition, the report also pointed out that, although the operating costs have increased, shipping companies’ capacity has increased, space utilization rate has risen sharply, freight revenue increased significantly, corporate profits have continued to increase substantially, loan liabilities have decreased, and labor demand increased demand has increased. The willingness of ship-owners to invest in transportation capacity has rebounded, liquidity is very abundant, corporate financing is relatively easy, the ability of enterprises to resist risks has risen steadily, and the operating indicators of shipping companies are almost all on the rise.