In the first quarter, China's total maritime import and export trade reached 649.3 billion us dollars

China's maritime import and export trade totaled $649.3 billion in the first quarter, according to data released by the ministry of natural resources.Total maritime trade between China and countries along the maritime silk road grew 2.8 percent year-on-year.China's maritime foreign trade is becoming more balanced.In the first quarter, the import and export volume of Marine products mainly monitored totaled us $14.3 billion, down 6.1 percent year-on-year.Among them, exports were us $10.8 billion, down 12.9% year-on-year, while imports were us $3.5 billion, up 23.8% year-on-year.

Data show that in the first quarter, China's maritime import and export trade totaled 649.3 billion us dollars, down 0.1 percent year-on-year.Among them, exports grew 2.1 percent year on year.Imports fell 2.9 per cent year-on-year.The total maritime trade between China and countries along the maritime silk road increased by 2.8% year on year, among which, the export increased by 3.8% year on year and the import increased by 1.2% year on year.

In the first quarter of this year, China's Marine economy got off to a steady start. The quality and efficiency of its development continued to improve.According to preliminary estimates, China's Marine GDP is nearly 1.9 trillion yuan, up 6.6% year on year, and the Marine economy operates within a reasonable range.

In the first quarter of this year, China's Marine economic development benefits improved, with steady growth in the revenue of Marine industrial enterprises.The operating income of the key sea-related industrial enterprises above the designated size was 348.9 billion yuan, up 6.3% year on year, and the total profit was down 2.7% year on year.

He guangshun, director of the national Marine information center, said intensive use of Marine resources has been increasing.In the first quarter, a total of 7,208 hectares of new sea area for approval was added, down 65.6 percent year on year.Among the newly approved sea-use projects, the newly approved sea-use area was 805 hectares by means of market transfer, down 86.3% year on year.The expropriation of 330 million yuan in sea areas was 65.2 percent lower than the same period last year.

• Source: chinanews.com this article is from the shipping industry