China targets 13 trillion yuan marine economy by 2030, doubling offshore wind capacity
On September 22, China's State Council Information Office announced plans to grow the marine economy to over 13 trillion yuan by 2030, up from 11 trillion yuan in 2025. Targets include doubling offshore wind capacity to 100 GW and increasing marine biomedical added value by 30% to 130 billion yuan. The plan focuses on traditional sectors like oil and gas, emerging industries like biomedicine, and future sectors like deep-sea exploration.
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China to Boost Marine Industry, Targeting 13 Trillion Yuan Output by End of 15th Five-Year Plan
At a press conference held by the State Council Information Office on the 15th Five-Year Plan (2026-2030), Chinese officials announced plans to strengthen and expand the marine industry. A responsible official stated that in 2025, China's gross ocean product exceeded 11 trillion yuan, accounting for 7.9% of GDP, demonstrating strong resilience and vitality. During the 15th Five-Year Plan period, China will consolidate traditional advantages in offshore oil and gas exploration and marine tourism, actively develop emerging industries such as marine biomedicine and seawater desalination, and prospectively deploy future industries including deep-sea exploration and seawater hydrogen production. The goal is to push the gross ocean product to a new milestone of 13 trillion yuan, continuously activating new growth drivers for the blue economy.
Read sourceChina expects marine economy output to exceed 13 trillion yuan by 2030
On September 22, the State Council Information Office held a press conference as part of the 'Start of the 15th Five-Year Plan' series, focusing on promoting the safe, efficient, and sustainable use of natural resources. Officials stated that new marine productive forces have broad prospects, and China will strengthen marine development, utilization, and protection to drive high-quality growth of the marine economy. The government forecasts that by 2030, China's total marine economy output will exceed 13 trillion yuan, with the northern, eastern, and southern marine economic circles further enhancing their radiating and driving capabilities as well as their level of development and opening-up. Additionally, the value added of the marine biomedical industry is expected to exceed 130 billion yuan by 2030, a 30% increase from 2025, and offshore wind power installed capacity is projected to double to 100 gigawatts.
Read sourceChina targets 13 trillion yuan marine economy by 2030, doubling offshore wind capacity
At a press conference held by China's State Council Information Office as part of the 'Starting the 15th Five-Year Plan' series, officials outlined plans to promote the safe, efficient, and sustainable use of natural resources. A spokesperson highlighted the broad prospects of new marine productive forces and pledged to strengthen marine development, utilization, and protection to drive high-quality growth of the marine economy. The government forecasts that by 2030, China's total marine gross product will exceed 13 trillion yuan (approximately $1.8 trillion), with the northern, eastern, and southern marine economic circles seeing enhanced radiation-driven capabilities and higher levels of development and opening-up. Additionally, the value-added output of the marine biomedical industry is expected to surpass 130 billion yuan by 2030, a 30% increase from 2025 levels. Offshore wind power installed capacity is projected to double to 100 million kilowatts (1 billion watts) over the same period.
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China's Marine Economy Output to Exceed 13 Trillion Yuan by 2030, Official Says
According to a report from Jin10 Data on September 22, citing China's State Council Information Office press conference, a government official announced that China's marine economy is expected to reach new heights. The official stated that the country will strengthen marine development, utilization, and protection to promote high-quality growth of the marine economy. It is forecasted that by 2030, the total national marine production value will surpass 13 trillion yuan. Furthermore, the northern, eastern, and southern marine economic circles will see enhanced radiation-driven capabilities and higher levels of development and opening-up. Specific sector forecasts include the marine biomedical industry's added value exceeding 130 billion yuan by 2030, a 30% increase from 2025 levels. Additionally, offshore wind power installed capacity is projected to double to 100 million kilowatts by the same year. The information was originally sourced from CCTV News.
China's Marine Economy to Exceed 13 Trillion Yuan by 2030, Official Says
According to a press conference held by China's State Council Information Office on September 22, a government official announced that China's gross ocean product is projected to surpass 13 trillion yuan by 2030. The official stated that the country will strengthen marine development and protection to promote high-quality growth of the marine economy. The northern, eastern, and southern marine economic circles are expected to see further improvements in their radiating and driving capabilities as well as their level of development and opening-up. Additionally, the official forecast that by 2030, the added value of China's marine biomedical industry will exceed 130 billion yuan, a 30% increase from 2025 levels. Offshore wind power installed capacity is also projected to double, reaching 100 million kilowatts by the same year. These projections highlight the government's focus on developing 'new quality productive forces' in the marine sector.
China's Marine Economy Output to Exceed 13 Trillion Yuan by 2030, Official Says
According to a press conference held by China's State Council Information Office on September 22, a government official announced that China's gross ocean product is expected to exceed 13 trillion yuan by 2030. The official stated that the northern, eastern, and southern marine economic zones will see further improvements in their radiating and driving capabilities as well as their level of development and opening-up. The forecast also includes specific sector targets: the added value of China's marine biomedical industry is projected to surpass 130 billion yuan by 2030, a 30% increase from 2025 levels; and offshore wind power installed capacity is expected to double to 100 gigawatts. The remarks were made during a series of press conferences themed 'Starting the 15th Five-Year Plan Period,' focusing on promoting the safe, efficient, and sustainable use of natural resources and the development of new marine quality productive forces.
Read sourceChina's Marine Economy Output to Exceed 13 Trillion Yuan by 2030, Official Says
According to a press conference held by China's State Council Information Office on the '15th Five-Year Plan,' officials stated that the country's marine economy is expected to see significant growth. The marine new quality productive forces have broad prospects, and efforts will be made to strengthen marine development, utilization, and protection. Specific forecasts include that by 2030, the added value of China's marine biomedical industry will exceed 130 billion yuan, a 30% increase from 2025. Additionally, offshore wind power installed capacity is projected to double, reaching 100 million kilowatts. The conference highlighted that the radiation-driven capacity and openness of the marine economy will be further enhanced.
Read sourceChina to Boost Marine Industry, Targeting 13 Trillion Yuan Output by End of 15th Five-Year Plan
At a State Council Information Office press conference on Friday, Chinese officials outlined plans to strengthen and expand the marine industry during the 15th Five-Year Plan period (2026-2030). The announcement highlighted that China's marine gross product exceeded 11 trillion yuan in 2025, accounting for 7.9% of GDP, demonstrating strong resilience and vitality. Officials stated the government will consolidate advantages in traditional sectors such as offshore oil and gas exploration and marine tourism, actively develop emerging industries like marine biomedicine and seawater desalination, and strategically plan for future industries including deep-sea exploration and seawater hydrogen production. The goal is to push the marine gross product past the 13 trillion yuan threshold, continuously activating new growth drivers for the blue economy. The report was originally published by CCTV News and sourced from the National Business Daily.
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