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Chinese Mainland’s Maritime Economy Soars to New Heights in 2023

Over the past 75 years, the Chinese mainland's marine economic strength has continued to improve and move towards a higher quality of development.

In 2023, the Chinese mainland's gross ocean product reached 9.9 trillion yuan ($1.4 trillion), marking a year-on-year increase of 6 percent. During the first half of the year, the total marine output value reached 4.9 trillion yuan, reflecting a 5.6 percent growth compared to the previous year. These figures underscore the maritime economy's vital contribution to the national economy.

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