The added value of China's ocean industry is expected to account for 4% of GDP of the same period in year 2005, and 5 % by 2010, and "blue economy" becomes a new growth point of the national economy, according to sources from National Marine Bureau.

The gross revenue of major ocean industry reached 1284.1 billion yuan in year 2004 and the added value of the industry was 526.8 billion yuan, or 3.9% equivalent to GDP, an increase of 9.8% over the previous year.

China's ocean industry consists of 12 segments, they are: aquatic products, offshore oil and gas, ocean chemical industry, biology and health care products, marine power, water desalination, ship building, marine construction, ocean transport, ocean tourism, ocean information and services.

In addition, in some coastal provinces, total value of nuclear power, coal and heavy chemical industry takes up 10% of China's GDP.

Gross revenue of China's three economic regions including Yangtze River delta, Pearl River delta and Pan-Bohai Sea economic zone accounts for 80% of the national economy.

Tourism, fishing, gas and ocean transport are becoming four pillar industries in the costal regions.

By People's Daily Online