China’s oceans are making waves in the global economy 🌍—literally. With its marine economy hitting a staggering 10.54 trillion yuan ($1.47 trillion) in 2024, the country is diving deep into what experts call the 'blue economy' to power its future. 💡
At a high-level meeting this week, Chinese leaders emphasized boosting innovation and sustainability in sectors like offshore wind energy, marine manufacturing, and eco-friendly tourism. 🚢⚡️ "The ocean isn’t just water—it’s a goldmine for green growth," said Liu Baocheng, a business ethics expert, highlighting China’s shift from its historical identity as a land-focused nation to a maritime powerhouse.
By the Numbers 📊
- 💼 5.9% growth in China’s marine economy year-on-year
- 🌊 59.6% of total output from services like cruise tourism
- 🌀 30% annual surge in offshore wind power generation
While coastal regions ride this economic tide, officials stress balancing productivity with ocean conservation. 🌱 "Collaboration is key—between provinces, industries, and global partners," Liu added, pointing to climate-friendly tech and cross-border partnerships as next steps.
From TikTok-famous cruise destinations 🛳️ to wind farms powering cities, China’s marine strategy could set a blueprint for sustainable growth worldwide. 🌏✨
Reference(s):
Expert: What potential does the marine economy have for future growth?
cgtn.com