China's marine sector realized 1.13 trillion yuan (US$150.6
billion) in gross output in the first half of this year, a growth
of 13.5 percent on the same period of last year, sources with the
State Oceanic Administration said on Tuesday.
Between January and June, 57.4 billion yuan in value-added
output was achieved on offshore oil and gas production, up 33.2
percent.
The six months also saw a fast growth in oceanic energy
development, with 973 million yuan in value-added output achieved
on marine power production, up 26.8 percent. During the period,
construction work began on China's first marine wind power project
near Shanghai, which involves a designed installed capacity of
100,000 kw.
According to the administration, ship building enterprises in
coastal areas realized 15.1 billion yuan in added value, up 28
percent, marine chemical businesses, 40.5 billion yuan, up 24.2
percent, and marine bio-pharmaceuticals producers, 1.6 billion
yuan, up 26.8 percent.
Meanwhile, 316 million yuan in added value was realized on sea
water treatment and processing, up 23.3 percent, 131.5 billion yuan
on oceanic transport, up 21.5 percent, and 20 billion yuan on
marine engineering construction, up 21.2 percent.
(Xinhua News Agency September 12, 2007)