Mar­itime in­dus­try ex­pands in 2015

China Daily (USA) - - BUSINESS -

The to­tal pro­duc­tion value of China’s mar­itime in­dus­try grew by seven per­cent last year, a gov­ern­ment re­port said on Tues­day. The mar­itime econ­omy gen­er­ated 6.47 tril­lion yuan ($970 bil­lion) in 2015, ac­count­ing for 9.4 per­cent of China’s to­tal GDP last year, ac­cord­ing to a re­port is­sued by the Na­tional De­vel­op­ment and Re­form Com­mis­sion and the State Oceanic Ad­min­is­tra­tion. Its growth has, again, out­paced that of the coun­try’s GDP, the re­port noted.

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