Shandong Accounts for About 16% of China's GOP

The Information Office of Shandong Provincial People's Government

PR93243

 

QINGDAO, China, Nov. 23, 2021 /Xinhua=KYODO JBN/--

 

A press conference held on November 2 by the Information Office of Shandong

Provincial People's Government revealed that Shandong's Gross Ocean Product

(GOP) has reached RMB 1,318.7 billion yuan in 2020, recovering to 98.10% of the

previous year's, and accounting for 18.03% of the regional GDP and 16.48% of

the national GOP. The province's marine economy has been recovering quarter by

quarter, with continued structural optimization, showing strong resilience and

further consolidating the trend of high-quality development in the marine

economy.

 

By industry, the development foundation of Shandong's marine economy is being

consolidated constantly. Value added of the province's major marine industries

stood at RMB 507.3 billion yuan, recovering to 92.3% of the previous year's.

The ocean engineering construction industry, the ocean power industry and the

seawater utilization industry have all achieved steady development, with

year-on-year growth rate of 5.4%, 4.9% and 4.0% respectively. The marine

biomedical industry achieved a value added of RMB 12.7 billion yuan, ranking

first in China.

 

From the perspective of ports, the construction of world class ports has been

advancing in an orderly way. The Port of Shandong is aiming to accelerate the

construction of a world-class marine port, and to speed up the upgrade from a

loading port to a hub port, a trade port and a financial port. In 2020, 35 new

container lines have been added, including 18 foreign trade lines, with the

number and density of lines both steadily ranking first in northern China's

ports. Independent innovation has helped to break technical barriers of the

industry, about which 10 technologies were the first in the world and world

records have been broken for 7 times. In 2020, the marine transportation

industry achieved a value added of RMB 114 billion yuan, an increase of 4.8%

year-on-year, with the industry ranking first in China in terms of scale.

 

In terms of scientific and technological innovation capabilities, key

technologies in the marine industry have continued to make new breakthroughs,

and science and technology have enabled transformation and upgrading of the

marine economy. The Phase I of the Marine Biomedical Industry Investment Fund

under Shandong's Project of Replacing Old Growth Drivers with New Ones has

reached a scale of RMB 150 million yuan, providing strong support for marine

drug research and development. With the in-depth implementation of China's

"Blue Drug Storage" development plan, BG136, a new national Class I immune

anti-tumor marine drug, will soon enter the clinical trial stage. A pilot

demonstration project for the integrated development of offshore wind power has

been launched. The Shandong Industry Research Institute for Seawater

Desalination and Comprehensive Utilization has been established to create an

R&D chain and an industry chain for seawater desalination.

 

In addition, the green transformation and development of Shandong's marine

economy has been significantly enhanced. The marine clean energy industry has

been developing rapidly. In 2020, the province's marine wind power generation

capacity was 17.896 billion kWh, an increase of 4.1% year-on-year. 39 seawater

desalination projects have been completed, with a daily production capacity of

371,400 tons. Marine ecological restoration has been accelerated, with a total

of 29 critical marine ecological restoration projects implemented in the Bohai

Sea, and 4,675 hectares of coastal wetlands and 62.82 kilometers of shoreline

have been remediated, with mission accomplishment rates over 123% and 285% of

the overall tasks respectively.

 

Source: The Information Office of Shandong Provincial People's Government

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