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Last Update: ،
2025/07/18
Time
10:36:34
Latest News:
Leadership Council Member AL-Zubaidi Urges Government to Accelerate Performance
Yemen's Ambassadors to Czech Republic, Indonesia swear-in before President al-Alimi
Yemen and Vietnam Sign Memorandum of Understanding to Enhance Bilateral Cooperation
Judge Sahl Hamza swears-in before President al-Alimi
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Latest News:
Leadership Council Member AL-Zubaidi Urges Government to Accelerate Performance
Yemen's Ambassadors to Czech Republic, Indonesia swear-in before President al-Alimi
Yemen and Vietnam Sign Memorandum of Understanding to Enhance Bilateral Cooperation
Judge Sahl Hamza swears-in before President al-Alimi
Cabinet Discusses Economic and Financial Developments, and Efforts to Foil Houthi Plots
China's maritime economy exceeds 10 trillion yuan in 2024
[01/03/2025 07:35]
BEIJING-SABA
China's maritime economy recorded strong growth in 2024, reaching a total volume of 10.5438 trillion yuan (about 1.47 trillion U.S. dollars), surpassing for the first time the 10 trillion yuan barrier, a growth of 5.9 percent compared to last year.
China's Ministry of Natural Resources said in a statement that traditional marine industries have seen rapid development, as marine fisheries modernization has been strengthened, improving the capacity to produce and supply aquatic products, as well as boosting the supply of offshore oil and gas resources.
The volume of offshore crude oil production increased by 4.7 percent, while offshore natural gas production increased by 8.7 percent compared to 2023, meanwhile the shipbuilding industry continued its rapid growth and China maintained its global leadership in the number of new orders for offshore vessels and the volume of their completion for several consecutive years.
Emerging marine industries continued to grow, with the marine engineering equipment manufacturing industry continuing to recover, while core technologies for marine equipment recorded remarkable progress, with their value added increased by 9.1 percent compared to the previous year.
China's maritime economy recorded strong growth in 2024, reaching a total volume of 10.5438 trillion yuan (about 1.47 trillion U.S. dollars), surpassing for the first time the 10 trillion yuan barrier, a growth of 5.9 percent compared to last year.
China's Ministry of Natural Resources said in a statement that traditional marine industries have seen rapid development, as marine fisheries modernization has been strengthened, improving the capacity to produce and supply aquatic products, as well as boosting the supply of offshore oil and gas resources.
The volume of offshore crude oil production increased by 4.7 percent, while offshore natural gas production increased by 8.7 percent compared to 2023, meanwhile the shipbuilding industry continued its rapid growth and China maintained its global leadership in the number of new orders for offshore vessels and the volume of their completion for several consecutive years.
Emerging marine industries continued to grow, with the marine engineering equipment manufacturing industry continuing to recover, while core technologies for marine equipment recorded remarkable progress, with their value added increased by 9.1 percent compared to the previous year.
Key words:
modernization - manufacturing - strengthened - Emerging - shipbuilding - technologies - China's - development - consecutive - engineering -
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