Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Industries

    Blue economy to sustain growth momentum

    By Wang Ying in Shanghai | China Daily | Updated: 2019-09-24 10:28
    Share
    Share - WeChat
    An expedition team hauls up the second-generation submersible Rainbow Fish during a test in the Pacific Ocean's Marianas Trench. [Photo/Xinhua]

    Shanghai shifts focus to ocean related resources as city taps new seams to maintain high-quality edge in region

    The blue economy has become a major growth driver of Shanghai's economy, by accounting for 28.1 percent of the city's GDP last year, and is fast approaching the trillion yuan level with strong growth momentum, according to the local Oceanic Bureau.

    The blue economy comprises economic activities that create sustainable wealth from the world's oceans and coasts. In the past five years, the marine economy of Shanghai increased from 621.7 billion yuan ($87.6 billion) in 2014 to 918.3 billion yuan in 2018, accounting for 11 percent of the nation's total, said Yu Weidong, a deputy director from the Shanghai Oceanic Bureau.

    After years of stoppages in construction, the first pile for the Peljesac Bridge in Croatia was laid earlier this year by Chinese company Shanghai Shocktorm Ocean Engineering Co Ltd. The bridge connects Komarna on the Croatian mainland and the peninsula of Peljesac, said Zhang Tie, president and general manager of Shanghai Shocktorm Ocean Engineering.

    With the completion of the bridge, the current three-hour route would be shortened to three minutes on foot.

    Shocktorm is a company focusing on marine engineering equipment research and development, and its various services like ocean piling, and marine and maintenance operations have created dozens of projects like cross-ocean bridges, offshore wind power and offshore oilfield installations.

    "The technology expertise has guaranteed our strength, which allows us to carry out projects at home and abroad," said Zhang.

    According to him, the company spends about 5 percent of its revenue on research and development.

    While maintaining its leading technology position in piling, Shocktorm is looking to further strengthen its competitiveness in operation and maintenance by launching a vessel for operation and maintenance of offshore windmills in November.

    Zhang said with the expansion of offshore windmills, the demand for operation and maintenance services will increase.

    The total capacity of Chinese installed offshore windmills soared from 450,000 kilowatts in 2013 to 4.04 million kWh as of 2018, among which 1.25 million kWh were newly installed last year, a great leap from 60,000 in 2013, according to a research report by Shenzhen-based Qianzhan Industry Research Institute.

    As the construction of offshore windmills enters a rapid growth period, it is projected that the market size of Chinese offshore windmill operation and maintenance will reach 490 million yuan this year, and snowball to about 3.7 billion yuan by 2024 with a compound annual growth rate of 50 percent, the report said.

    Shocktorm is one of the more than 100 enterprises in the 140,000 square meters of gross floor area in Lingang Oceanic High-Tech Industrial Park. The companies engaged in deep sea exploration, ocean engineering equipment, marine resources development and marine medicine created a combined revenue of 3.5 billion yuan last year, up 21.6 percent year-on-year, according to Jin Miaoyu, divisional manager for the ocean industry at Shanghai Lingang Oceanic High-tech Industrial development Co Ltd.

    "Many of the companies are small and micro enterprises hiring dozens of people, and it is really rewarding to see them expand and grow," said Jin.

    "Rainbow Fish is one of the examples. In the past few years, we have seen it grow from merely a concept into an enterprise ready to get listed on the Nasdaq-like STAR Market, or science and technology innovation board," she added.

    Rainbow Fish Ocean Technology Co is an enterprise created in 2014, capable of building manned deep sea submersibles that could dive to depths of 10,000 meters and beyond.

    1 2 Next   >>|
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    日韩午夜福利无码专区a| 日韩精品人妻系列无码专区| 亚洲精品无码久久久久| 精品一区二区无码AV | 中文字幕一区日韩在线视频| 国产精品无码一区二区三级| 中文字幕手机在线观看| 亚洲中文字幕无码日韩| 精品无码久久久久久尤物| 成人A片产无码免费视频在线观看 成人无码AV一区二区 | 中文文字幕文字幕亚洲色| 无码人妻熟妇AV又粗又大| 婷婷五月六月激情综合色中文字幕| 亚洲人成无码网WWW| 国产精品无码永久免费888 | 亚洲欧洲自拍拍偷午夜色无码| 香蕉伊蕉伊中文视频在线| 精品一区二区无码AV| 国产在线无码视频一区二区三区| 国产色爽免费无码视频| 亚洲欧美在线一区中文字幕 | 日本按摩高潮a级中文片| 国产成人无码一区二区三区| 亚洲av无码一区二区三区不卡 | 无码人妻久久一区二区三区蜜桃| 亚洲AV无码一区二区二三区入口| 日韩中文字幕在线不卡| 最近2019免费中文字幕视频三| 亚洲国产精品无码久久青草| 国产高清无码视频| 高清无码在线视频| 国产AV无码专区亚洲AV男同| 国产成人无码综合亚洲日韩| 成年免费a级毛片免费看无码| 人妻夜夜添夜夜无码AV| 精品三级AV无码一区| 久久精品aⅴ无码中文字字幕重口| 午夜人性色福利无码视频在线观看| 中文字字幕在线中文无码 | 亚洲中文字幕无码不卡电影| 成人无码AV一区二区|