China
Economy
China's 2010 gross oceanic product tops 3.8t yuan
Updated: 2011-02-26 19:00
(Xinhua)
BEIJING - The State Oceanic Administration (SOA) told Xinhua Saturday that China's gross oceanic product was worth 3.8 trillion yuan ($577.89 billion).
The figure accounted for 9.7 percent of the nation's total gross domestic product in 2010 and 16 percent of the GDP in coastal areas.
China's gross oceanic product surged from 1.77 trillion yuan in 2005 to 3.8 trillion yuan last year, an annual increase of 13.5 percent, said the SOA.
In the past five years, the oceanic industry provided 33 million jobs to people in the coastal areas.
Specials
Kremlin buddies
Dmitry Medvedev and Vladimir Putin inspect Olympic preparations.
Lantern Festival
The Lantern Festival is celebrated across China.
New York Fashion Week
Models line up before a show during New York Fashion Week.