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People's Daily Online>>China Business

China's gross ocean product to exceed 4.3 trillion yuan

By Luo Sha (Xinhua)

11:03, December 28, 2011

Edited and translated by People's Daily Online

According to preliminary evaluation, China's gross ocean product of 2011 will exceed 4.3 trillion yuan, said Liu Cigui, minister of the State Oceanic Administration of China (SOA) on Dec. 26.

Liu said that in 2011, the SOA further strengthened its communication and cooperation with Party committees and governments of coastal regions, implemented the overall oceanic economic development arrangement of the 12th Five-Year Plan jointly with them, adopted active measures to greatly promote exploitations and developments of coastal regions and maintained a steady and relatively rapid oceanic economic development momentum.

According to preliminary evaluation, China's GDP of 2011 will exceed 4.3 trillion yuan, up 13.1 percent year-on-year, and the oceanic economy created about 700,000 new jobs in 2011.

To promote the coastal economic development, the SOA adopted a series of important measures in 2011, including reclaiming 20,000 hectares of lands from sea areas, launching 25 comprehensive sea area and coastal treatment projects with a total investment of 560 million yuan and declaring 176 developable and useful uninhabited islands.

Liu also said the SOA will strive to make breakthroughs in protecting China's oceanic ecological environment in 2012. It will learn a lesson from the oil leak Incident in Penglai and improve its capacities of monitoring oil leak risks and coping with emergencies in the oceanic oil prospecting and exploitation.

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