China's marine GDP reaches approximately $708.3 billion during 1st half of 2025
China's marine economy maintained a steady growth momentum during the first half of 2025, with its marine GDP reaching 5.1 trillion yuan (approximately $708.3 billion), a year-on-year increase of 5.8 percent, according to preliminary Chinese figures.
According to the Xinhua News Agency, data from the Ministry of Natural Resources showed that China's capacity to provide marine resource elements steadily strengthened during the period. 167,000 hectares of marine and island land were approved for use, a 25.2 percent year-on-year increase, including projects with an investment exceeding 500 billion yuan.
Offshore oil and natural gas production also grew by 2.3 percent and 16.9 percent, respectively, while the added capacity of grid-connected offshore wind power increased by 199.4 percent compared to the same period last year.
In the traditional maritime industries, the offshore shipbuilding industry maintained its global leadership, with new orders, completed orders, and orders in progress accounting for 64 percent, 47.2 percent, and 57.6 percent of the global market, respectively. Meanwhile, shipping volume and cargo throughput increased by 5.2 percent and 6.9 percent, respectively.
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China's marine GDP reaches approximately $708.3 billion during 1st half of 2025
Beijing - Saba: China's marine economy maintained a steady growth momentum during the first half of 2025, with its marine GDP reaching 5.1 trillion yuan (approximately $708.3 billion), a year-on-year increase of 5.8 percent, according to preliminary Chinese figures. According to the Xinhua News Agency, data from the Ministry of Natural Resources showed that China's capacity to provide marine resource elements steadily strengthened during the period. 167,000 hectares of marine and island land were approved for use, a 25.2 percent year-on-year increase, including projects with an investment exceeding 500 billion yuan. Offshore oil and natural gas production also grew by 2.3 percent and 16.9 percent, respectively, while the added capacity of grid-connected offshore wind power increased by 199.4 percent compared to the same period last year. In the traditional maritime industries, the offshore shipbuilding industry maintained its global leadership, with new orders, completed orders, and orders in progress accounting for 64 percent, 47.2 percent, and 57.6 percent of the global market, respectively. Meanwhile, shipping volume and cargo throughput increased by 5.2 percent and 6.9 percent, respectively. Whatsapp Telegram Email Print more of (International)
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