Wire flash
China expects marine economy output to exceed 13 trillion yuan by 2030
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
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.
Source report
Beijing, September 22 — China's gross ocean product is projected to surpass 13 trillion yuan by 2030, according to a press conference held by the State Council Information Office on the theme of "A Strong Start to the 15th Five-Year Plan."
Officials stated that new quality productive forces in the marine sector hold broad prospects, and efforts will be intensified to strengthen the development, utilization, and protection of marine resources, thereby promoting high-quality growth of the marine economy.
Key projections include:
- Regional growth: The northern, eastern, and southern marine economic zones are expected to see further improvements in their capacity for radiating and driving regional development, as well as in their levels of opening up and development.
- Marine biomedicine: By 2030, the added value of China's marine biomedical industry is expected to exceed 130 billion yuan, representing a 30% increase from 2025 levels.
- Offshore wind power: Installed capacity for offshore wind power is projected to double, reaching 100 million kilowatts by 2030.
Source
财联社Eastern
Part of this Story
China targets 13 trillion yuan marine economy by 2030, doubling offshore wind capacity