INSUBCONTINENT EXCLUSIVE:
China has called for promoting the premium growth of the marine economy, according to a conference of the Central Commission for Financial
and Economic Affairs (CCFEA) on Tuesday.The meeting emphasized that advancing Chinese modernization needs promoting the high-quality
development of the marine economy and forging a Chinese path of leveraging marine resources to achieve strength
In the long history of China, we consider ourself as a farming country, or a land-locked nation, said Liu Baocheng, dean of the Center for
International Business Ethics from the University of International Business and Economics
Only in current decades, we recognized that the marine [economy] actually does offer excellent possible to strengthen Chinas economy, Liu
told CGTN.An annual report launched in February by the Ministry of Natural Resources reveals that Chinas gross ocean product (GOP) reached
10.54 trillion yuan (about $1.47 trillion) in 2024, a 5.9 percent increase from the previous year, while demonstrating robust development
across multiple sectors.Marine production became a crucial chauffeur, representing over 30 percent of the overall GOP
Notably, the service sector was the biggest contributor to the marine economy in 2024, contributing 59.6 percent of the overall GOP
Tourism showed strong healing signals, with cruise travel experiencing a considerable uptick in popularity.Offshore wind power went into a
brand-new stage of scaled advancement, with annual power generation growing by almost 30 percent year on year.Tuesdays meeting highlighted
the need for a higher focus on innovation-driven growth, effective coordination, commercial renewal, consistency between humans and the sea,
and win-win cooperation to promote the top quality development of the marine economy
We ought to work together with the global neighborhood, and likewise we attend to the balance in between the efficiency from the marine and
to maintain more powerful protection over its environment, Liu said
Its a really critical issue that all participants, from federal government to organization neighborhoods, and likewise all the provinces
along the coastal line, require to have consolidated efforts and synergies with each other towards such a goal, Liu emphasized.China should
improve its capability for marine technological innovation, strengthen, enhance and expand its marine markets, enhance marine environmental
defense, and promote global cooperation in marine clinical research, catastrophe avoidance and mitigation, and the blue economy, the
conference said.Developments for many years reflect Chinas growing marine aspirations
On November 10, 2020, the Chinese-manned submersible Fendouzhe, or Striver, reached a depth of 10,909 meters in the Mariana Trench
Using specimens gathered throughout the dive, Chinese researchers have given that published discoveries on extreme-environment adjustments
and the resource capacity of deep-sea organisms in the journal Cell.On June 10, China released the worlds very first business underwater
information center powered by overseas wind energy
Located in Shanghais coastal waters near the Lin-gang Special Area, the task pioneers the integration of renewable resource with digital
infrastructure to fulfill international need for low-carbon computing solutions.Further highlighting Chinas growing maritime existence, the
domestically constructed icebreaker Xuelong-2, or Snow Dragon-2, concluded a five-day visit to Thailand in May, featuring public trips and
underscoring the deepening scientific and technological cooperation in between the two countries.These efforts highlight Chinas strategic
commitment to ending up being an international leader in marine science, eco-friendly conservation, and sustainable ocean advancement
As the country pushes forward with policy reforms, technological advancements, and worldwide partnerships, its marine economy is poised to
play a progressively vital function in driving green development and supporting worldwide climate goals.(With input from Xinhua)
