Modern Marine Economy Development in China: A High-Level Overview
As of June 1, 2025, the modern marine economy in China is showing significant growth. According to the latest statistics released by the Ministry of Natural Resources, the total output value of the marine economy reached 2.5 trillion yuan this year, marking a 5.7% increase compared to the previous year. This rapid development underscores the importance of the marine economy as a key area for national economic growth.
China, being a major maritime nation, has a vast coastline and rich marine resources, which provide a solid foundation for the development of the marine economy. The focus now is on accelerating the transition towards a high-quality marine economy characterized by intelligence, sustainability, and green practices.
Over recent years, China has made notable progress in its marine economy, with projected growth rates. By 2024, the marine economy is expected to grow by 7.2%, surpassing 1.3 trillion yuan in total output value. The nation has established automated systems for marine operations, including smart logistics and supply chain management, which enhance efficiency and sustainability.
As of now, the utilization rate of renewable energy in the coastal regions has exceeded 60%. Furthermore, the market share of green vessels has reached 78.5%, reflecting a strong commitment to environmental standards in marine transportation.
The Ministry of Natural Resources has outlined guidelines for expanding the marine economy, focusing on resource integration and collaborative development. This includes enhancing the operational capabilities of marine technology and promoting the use of artificial intelligence in maritime operations.
In addition to technological advancements, there is an emphasis on fostering innovation within the marine economy, ensuring that new developments align with sustainable practices. The government is also implementing policies to encourage investment in marine-related projects, which aim to enhance the overall productivity and efficiency of the marine sector.
Looking forward, the strategy includes establishing a comprehensive marine economy ecosystem that integrates various industries, promoting synergies between traditional marine sectors and emerging technologies. This approach is expected to yield substantial benefits, driving the growth of the marine economy to new heights.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/chinas-modern-marine-economy-development-insights-and-future-directions/
