Core Insights - The southern marine economic zone, including Guangdong, Guangxi, and Hainan, is advancing its marine industry quality and efficiency, marking a new phase in marine economy development [1][4]. Guangdong Province - In 2024, Guangdong's marine production value surpassed 2 trillion yuan, reaching 20022.5 billion yuan, with a nominal growth rate of 5.4%, accounting for 14.1% of the regional GDP and 19% of the national marine production value [2]. - Guangdong has maintained its position as the top marine economy in China for 30 consecutive years, contributing 27.3% to the nominal growth of the regional economy [2]. - The marine electricity sector in Guangdong saw the highest growth, with an increase of 26.7% in 2024, and the province leads in offshore wind power capacity with over 12.15 million kilowatts installed [2]. Hainan Province - Hainan's marine production value increased from 2009.3 billion yuan in 2022 to 2707 billion yuan in 2024, with an average annual growth rate of 16.1%, the highest in the country [4]. - The contribution of marine economy to Hainan's GDP rose from 29.5% to 34.1% during the same period [4]. - Emerging industries such as marine new energy and marine biological manufacturing are experiencing rapid growth, with increases of 67% and 66.7% respectively in 2024 [4]. Guangxi Province - In 2024, Guangxi's marine production value reached 2580.9 billion yuan, growing by 5.8% and accounting for 9% of the regional GDP [6]. - The traditional marine industries, including tourism, fisheries, and transportation, achieved a combined value of 1074.3 billion yuan, reflecting a growth of 7.1% [6]. - The container throughput at Beibu Gulf Port reached 901.52 thousand TEUs, marking a 12.38% increase and maintaining double-digit growth for eight consecutive years [6][7].

Core Insights - The South China Sea region's marine economy is experiencing significant growth, with a marine production value of 25,310.4 billion yuan in 2024, reflecting a year-on-year increase of 5.9%, surpassing the regional economic growth rate of 4.6% [6] - Guangdong province continues to lead the nation in marine economic output, achieving a marine production value of 20,022.5 billion yuan in 2024, accounting for 14.1% of the regional GDP and 19% of the national marine production value [7] - The North Bay Port's container throughput has consistently shown double-digit growth, reaching 901.52 million TEUs in 2024, marking a 12.38% increase from the previous year [11] Marine Economy Growth - The South China Sea region's marine industry added value exceeded 1 trillion yuan in 2024, representing 39.7% of the marine production value, with marine tourism, transportation, and fisheries being the top contributors [6] - In Guangdong, the marine electricity sector saw the highest growth rate, with an increase of 26.7% in 2024, supported by significant offshore wind power projects [7] - Hainan's marine production value grew from 200.93 billion yuan in 2022 to 270.7 billion yuan in 2024, with an average annual growth rate of 16.1%, indicating a strong reliance on marine economic activities [9] Infrastructure and Policy Developments - The North Bay Port has enhanced its infrastructure with the opening of a container terminal and the establishment of intermodal transport centers, improving logistics and connectivity [11] - The West Land-Sea New Corridor has expanded its operational routes from 1 to 22, with a significant increase in the number of trains operated, reflecting a 55-fold growth since 2017 [12] - New policies and regulations in Guangdong aim to support the high-quality development of the marine economy, including the introduction of local laws and development plans [8]

Core Viewpoint - The East China Sea region is experiencing significant growth in its marine economy, with a focus on high-quality development and innovation in marine resources and industries [3][4]. Economic Performance - In 2024, the marine GDP of the East China Sea region reached 45,992.9 billion yuan, marking a 7.1% increase year-on-year, accounting for 43.6% of the national marine GDP and 13.6% of the regional GDP [3]. - The value added from marine industries, marine scientific research and education, marine public management services, upstream and downstream related industries amounted to 18,247.6 billion yuan, 1,786.1 billion yuan, 7,523.4 billion yuan, 7,767 billion yuan, and 10,668.7 billion yuan respectively, with marine industries contributing 39.7% [3]. Sector Growth - The marine first, second, and third industries contributed 4.0%, 36.3%, and 59.7% to the marine GDP respectively, indicating an ongoing optimization of the marine industry structure with an increasing share of the tertiary sector [3]. - In 2024, the value added of 15 marine industries grew by 8.5%, with marine engineering construction, shipbuilding, marine pharmaceuticals, marine equipment manufacturing, and marine transportation leading the growth [4]. Regional Development - Each province and city in the East China Sea region achieved steady growth in marine economies, with Jiangsu, Shanghai, Zhejiang, and Fujian reporting marine GDPs of 10,046.2 billion yuan, 11,387 billion yuan, 12,012.4 billion yuan, and 12,547.3 billion yuan respectively, reflecting growth rates of 6%, 11.2%, 6.5%, and 6.1% [5]. - The marine GDP of the Yangtze River Delta region reached a historical high of 33,445.6 billion yuan, accounting for 11.9% of the regional GDP, driven by enhanced port collaboration and logistics integration [6]. Development Demonstration Zones - The East China Sea region has established 7 marine economic development demonstration zones, which have shown significant effects in innovation, project construction, and replicable models [7][9]. - Various demonstration zones are exploring differentiated development strategies, such as integrated logistics models, ecological protection, and private sector participation in marine projects [8][9].