The gross domestic product of China’s marine economy, which covers industries ranging from navigation and fishery to shipbuilding, exceeded 9 trillion yuan (1.25 trillion U.S. dollars) in 2022, according to the ministry of transport on Tuesday.
The ministry released the data at a forum marking the 19th Maritime Day of China in Cangzhou City, north China’s Hebei Province, which will host a week-long themed event featuring the likes of academic conferences, exhibitions and science popularization activities.
According to the ministry’s report, about 95 percent of China’s foreign trade goods are transported via marine shipping.—Xinhua
