Business > Foreign Business
Marine economy exceeds 10-T yuan mark

CHINA'S total output of marine economy surpassed the 10 trillion yuan ($1.38 trillion) mark for the first time last year, contributing 0.4 percentage point to national economic growth, according to the '2024 China Marine Economy Statistical Bulletin' released by China's Ministry of Natural Resources on Monday.

According to the report, the national gross marine product reached 10.54 trillion yuan in 2024, a year-on-year increase of 5.9 percent, 0.9 percentage point higher than the growth rate of the gross domestic product (GDP).

BEATS EXPECTATIONS This aerial photo taken on July 17, 2023, shows the view of a marine farm in Jianggezhuang township, Laoting county, Hebei province. China’s Ministry of Natural Resources on Feb. 24, 2025, said the output of the country’s marine economy exceeded expectations, posting 1.54 trillion yuan in 2024. XINHUA PHOTO BEATS EXPECTATIONS This aerial photo taken on July 17, 2023, shows the view of a marine farm in Jianggezhuang township, Laoting county, Hebei province. China’s Ministry of Natural Resources on Feb. 24, 2025, said the output of the country’s marine economy exceeded expectations, posting 1.54 trillion yuan in 2024. XINHUA PHOTO
BEATS EXPECTATIONS This aerial photo taken on July 17, 2023, shows the view of a marine farm in Jianggezhuang township, Laoting county, Hebei province. China’s Ministry of Natural Resources on Feb. 24, 2025, said the output of the country’s marine economy exceeded expectations, posting 1.54 trillion yuan in 2024. XINHUA PHOTO