2022-04-14T09:58:00+03:00 China 2024-09-15T07:32:31+03:00

Ukrainian news

China's marine economy logs steady growth in 2021

China's marine economy logs steady growth in 2021

China's gross ocean product rose 8.3% to over ¥9 trln (about $1.41 trln) in 2021, official data showed, according to The Xinhua News Agency reports.

The figure contributed 8% of the country's gross domestic product expansion, according to the Ministry of Natural Resources.

In breakdown, the marine transportation sector maintained robust growth, with the cargo and container throughput at coastal ports reporting year-on-year growth of 5.2% and 6.4%, respectively, said the ministry.

The added value of marine biomedicine climbed 18.7% year on year to ¥49.4 bln in 2021, thanks to increasing policy support, it said.

Coastal tourism gradually recovered as policies to stimulate consumption and help enterprises tide over difficulties were introduced, while the industry recorded around ¥1.53 trln yuan in added value over the period, up 12.8% from the previous year, according to the ministry.