Independent journal on economy and transport policy
08:37 GMT+2
Chinese maritime economy becoming new growth engine
(China Daily)
October 4, 2012
BEIJING - Recently issued data indicated that China's maritime economy has become a new engine for growth, as it has grown faster than the country's actual GDP in recent years.
The sector saw a 13.5-percent annual growth rate during the 2006-2010 period, exceeding the overall economic growth rate. Its total output last year hit 4.56 trillion yuan (720 billion U.S. dollars) in 2011, more than double that seen in 2006, according to data released Thursday by the Ministry of Land and Resources ...... Read more on China Daily
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