China expects marine economy output to exceed 13 trillion yuan by 2030
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According to a report from 财联社 (Cailianshe) on September 22, China's State Council Information Office held a press conference on the '15th Five-Year Plan' period, discussing the sustainable use of natural resources. Officials stated that the marine new quality productive forces have broad prospects, and the government will strengthen marine development and protection to promote high-quality growth of the marine economy. It is forecast 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 radiation-driven capabilities and opening-up levels. Additionally, the added value of China's 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 million kilowatts.
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 Monday.
The briefing, part of the "15th Five-Year Plan: A Strong Start" series, focused on promoting the safe, efficient, and sustainable use of natural resources. Officials stated that new quality productive forces in the marine sector hold broad prospects, and efforts will be intensified to strengthen marine development, utilization, and protection, thereby driving high-quality growth of the marine economy.
Key projections for 2030 include:
- Gross ocean product to exceed 13 trillion yuan
- Marine biomedical industry added value to surpass 130 billion yuan, a 30% increase from 2025 levels
- Offshore wind power installed capacity to double, reaching 100 million kilowatts
Additionally, the northern, eastern, and southern marine economic circles are expected to see further improvements in their capacity for radiation-driven growth and levels of development and opening-up.
Source
财联社Eastern
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China targets 13 trillion yuan marine economy by 2030, doubling offshore wind capacity