China: China's ocean economy stood firm against pressure and showed a stable and positive development trend in the first half of this year, with a 5.8% year-on-year increase in marine GDP that reached 5.1 trillion yuan ($707 billion), the Ministry of Natural Resources said on Friday.
According to Qatar News Agency, marine crude oil and natural gas production increased by 2.3 percent and 16.9%, respectively, year-on-year, while offshore wind power saw a 199.4% growth in newly connected capacity, the ministry said.
Main traditional marine industries continue to play a "ballast stone" role, it said, adding that for the first half of the year, the value added by marine tourism rose by 8% year-on-year. Meanwhile, the resilience of marine transportation was evident with a 5.2% increase in marine freight volume year-on-year.
In addition, emerging marine industries showed positive development trend, the ministry said. In the first half of the year, the value of marine engineering equipment that were delivered increased by 39.3% year-on-year, it added.