In the first three quarters, China’s gross marine product was 7.2 trillion yuan, and the marine economy continued to recover – China News Service

2023-11-20 06:27:06

China News Service, Beijing, November 20 (Reporter Ruan Yulin) He Guangshun, Director of the Department of Marine Strategic Planning and Economics of the Ministry of Natural Resources of China, said at a press conference held in Beijing on the 20th that in the first three quarters, the national marine economy continued to recover. According to preliminary calculations, China’s gross marine product in the first three quarters was 7.2 trillion yuan (RMB, the same below), a year-on-year increase of 5.8%.

“Since 2023, the national marine economy has continued to recover, the main economic indicators have continued to rebound, and there have been some positive changes and highlights in multiple indicators in many fields.” He Guangshun said that in the first three quarters, the GDP growth rate was high year-on-year. It is 0.6 percentage points higher than the national GDP growth rate and 0.4 percentage points higher than the GDP growth rate of coastal areas.

Data show that in the first three quarters, offshore oil and gas supply capacity continued to improve, with national offshore crude oil and natural gas production increasing by 4.6% and 9.7% year-on-year respectively. Marine fisheries have maintained steady growth, with domestic marine aquatic product production and marine aquaculture production both growing at a year-on-year growth rate of over 5.0%. The marine shipbuilding industry continued its positive trend, with new seagoing ship orders, seagoing ship completions, and orders on hand increasing by 40.2%, 23.3%, and 34.3% respectively year-on-year. The marine tourism industry has accelerated into a new stage of comprehensive recovery, and marine passenger traffic in the first three quarters has exceeded the level of the same period in 2019.

According to reports, in the first three quarters, 1,219 sea-use island projects covering an area of ​​1.7 million acres were approved across the country, involving an investment of more than 600 billion yuan, effectively ensuring the demand for sea-use islands. Marine energy supply capacity continues to improve. Offshore crude oil and natural gas production increased by 4.6% and 9.7% year-on-year respectively.

In the first three quarters, among the key monitored enterprises, the marine tourism industry, marine shipbuilding industry, marine power industry, and seawater desalination and comprehensive utilization industry performed well, with more than 70% of the enterprises achieving revenue growth, mainly due to the domestic market. Demand has rebounded, companies have actively expanded their business scope and their own market competitiveness has improved.

“The positive changes in the above aspects reflect the continued recovery of the marine economy since 2023.” He Guangshun said, but it should also be noted that there are still many external unstable and uncertain factors, domestic demand is still insufficient, and the recovery of the marine economy is heading towards A good foundation still needs to be consolidated. As the effects of national macro-policies continue to be released and the confidence of business entities increases, the endogenous power of the marine industry continues to increase, and China’s marine economy is expected to continue to maintain a steady and positive development momentum throughout the year. (over)

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