Data released by the Ministry of Natural Resources on February 24, 2025 showed that my country’s marine economy developed strongly in 2024, with the total economic output exceeding 10 trillion yuan for the first time.
China’s marine economy achieved a significant milestone in 2024, with its gross ocean product (GOP) exceeding 10 trillion yuan for the first time, according to data released by the Ministry of Natural Resources on February 24, 2025.
On February 11, 2025, in the kelp breeding area of the Ailun Bay Marine Ranch in Rongcheng City, Shandong Province, aquaculture workers were installing kelp floating rafts (drone photos). Image source: Xinhua News Agency
【Knowledge Points】
Marine economy refers to the sum of various industrial activities that develop, utilize and protect the ocean, and related activities. It mainly includes production activities for the development of marine resources and dependence on marine space, as well as service industry activities related to the development of marine resources and space directly or indirectly. Our country is a land power and a maritime power, with a bright future for maritime economic development. After years of development, my country’s marine economy has initially formed a marine industry system with major industries such as marine fishery, marine shipbuilding industry, marine oil and gas industry, marine transportation industry, marine tourism industry as the core, marine scientific research, education, management and service industry as the support, and upstream and downstream industries such as material production, equipment manufacturing, financial insurance, and business services as the expansion. The ocean is a strategic location for high-quality development, an important carrier of high-level opening up, and a key area of international competition and cooperation. The marine economy has become one of the most dynamic and promising areas for economic growth in coastal countries and regions.
On February 24, 2025, the Ministry of Natural Resources officially released the “2024 China Marine Economic Statistical Bulletin”. In 2024, my country’s marine economy showed a strong development momentum, and the total economic output reached a new level, exceeding 10 trillion for the first time, reaching 10543.8 billion yuan, an increase of 5.9% over the previous year, accounting for 7.8% of the GDP.
【Important Speech】
Develop the marine economy, protect the marine ecological environment, and accelerate the construction of a strong maritime country.
We will develop the marine economy, protect the marine economic environment, and step up efforts to build China into a strong maritime country.
——October 16, 2022, Xi Jinping’s report at the 20th National Congress of the Communist Party of China
【Congratulations by letter】
The ocean is a strategic location for high-quality development. We must accelerate the pace of marine scientific and technological innovation, improve the ability to develop marine resources, and cultivate and expand strategic emerging industries in the ocean.
The oceans are strategically important to high-quality development. We should put more efforts to accelerate marine sci-tech innovation, improve marine development capacity, and foster and strengthening emerging marine industries of strategic importance.
——On October 15, 2019, Xi Jinping’s congratulatory letter to the 2019 China Marine Economic Expo
【Related Words】
Gross ocean production
gross ocean product
Marine Sustainable Development
Sustainable marine development
China Daily Network English Dots and Tianjin Studio (this article was first published on the “Study Strong Country” learning platform)
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[Editor in charge: Chen Danni]
