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1. • • Official data showed that China's marine economy accounted for about 8 percent of its GDP during the 14th Five-Year Plan period (2021-2025). In 2023, the economic aggregate of China's marine industry reached 9.9 trillion yuan (about 1.39 trillion U.S. dollars), playing a key role in stabilizing economic growth.
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     China advances marine economy, global maritime governance ...

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   What role does shipping play in China's economy?

   • "The shipping industry plays an important role in the nation's economy and global trading through supporting domestic circulation and contributing to economic globalization," Li Xiaopeng, China's minister of transportation, told the forum. "While significant achievements have been made over the years, the challenges remain."

   China seen as well positioned to lead global shipping industry

   english.www.gov.cn/statecouncil/ministries/202110/21/content_WS6170bc1fc6d0df57f98e3996.html

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   Why is maritime shipping important to China's Economic Development?

   • With roughly 80 percent of global trade moving by sea, tapping into maritime shipping networks has been central to China’s strategy of export-led economic development. To facilitate the flow of goods in and out of the country, China has developed some of the world’s largest and busiest ports.

   How Is China Influencing Global Maritime Connectivity?

   chinapower.csis.org/china-ports-connectivity/

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   How important is the shipping industry in the global economy?

   • The role of the shipping industry in the global economy is as crucial as the blood vessels to the human body, as around 90 percent of traded goods are transported via water, said Yin Zonghua, deputy director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region.

   China seen as well positioned to lead global shipping industry

   english.www.gov.cn/statecouncil/ministries/202110/21/content_WS6170bc1fc6d0df57f98e3996.html

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   How did China enter the global shipping market?

   • Showing consistency in its competitive approach with other sectors such as telecommunication equipment makers, China entered the global shipping market through costly capacity expansion without following a grand strategy to challenge Western multinationals’ dominance of a largely self-regulating market.

   Geo-economics of the Chinese Shipping Industry: Building Maritime

   link.springer.com/chapter/10.1007/978-3-031-38024-2_6

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   Can China lead the shipping industry in establishing a World Innovation Center?

   • Amid global changes unseen in a century and technological transformation brought about by the COVID-19 pandemic, China is well positioned to lead the international shipping industry in establishing a world innovation and knowledge center for sustainable transportation, officials and industry insiders said at a forum on Oct 20.

   China seen as well positioned to lead global shipping industry

   english.www.gov.cn/statecouncil/ministries/202110/21/content_WS6170bc1fc6d0df57f98e3996.html

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   Why did China invest in port expansion?

   • China invested in port expansion during global economic and financial downturns that severely impacted container traffic flows in 1997–1998 (Asian Financial Crisis), 2009 (US subprime meltdown), and 2014–2015 (when global trade grew more slowly than the global economy).

   Geo-economics of the Chinese Shipping Industry: Building Maritime

   link.springer.com/chapter/10.1007/978-3-031-38024-2_6

   See all results for this question

3. chinapower.csis.org › china-ports-connectivityHow Is China Influencing Global Maritime Connectivity?

   chinapower.csis.org › china-ports-connectivity

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   With roughly 80 percent of global trade moving by sea, tapping into maritime shipping networks has been central to China’s strategy of export-led economic development. To facilitate the flow of goods in and out of the country, China has developed some of the world’s largest and busiest ports.

4. finance.yahoo.com › news › china-shipping-monopolyChina shipping: from its monopoly on containers, to its ...

   finance.yahoo.com › news › china-shipping-monopoly

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   Nov 10, 2021 · Among the various transportation methods, maritime transport, or shipping, is the most important for China. Shipping is also closely related to the global economy, as more than 85 per cent of...

5. www.ft.com › content › 85542e9d-01ce-4918-bfc9-acChina’s changing role in the world economy - Financial Times

   www.ft.com › content › 85542e9d-01ce-4918-bfc9-ac

   Sep 1, 2021 · Shortages of semiconductors and shipping containers have combined with a Covid-19 outbreak in Vietnam, itself a manufacturing powerhouse, to limit industrial production. In the US, delta has ...

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7. link.springer.com › chapter › 10Geo-economics of the Chinese Shipping Industry: Building ...

   link.springer.com › chapter › 10

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   Nov 22, 2023 · Over the past decade, China Ocean Shipping Company (COSCO) has become a major player in the domestic market and has expanded its role in global shipping alliances. Through policy interventions, the Chinese government has supported COSCO’s growth, allowing the company to benefit from port expansions, export surges, and the Belt and Road ...

8. english.www.gov.cn › statecouncil › ministriesChina seen as well positioned to lead global shipping industry

   english.www.gov.cn › statecouncil › ministries

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   Oct 21, 2021 · "The shipping industry plays an important role in the nation's economy and global trading through supporting domestic circulation and contributing to economic globalization," Li Xiaopeng, China's minister of transportation, told the forum. "While significant achievements have been made over the years, the challenges remain."

9. medium.com › @contact_53404 › how-chinas-shippingHow China’s Shipping Industry Is Shaping the Global Economy

   medium.com › @contact_53404 › how-chinas-shipping

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   Apr 7, 2023 · China’s shipping industry plays a vital role in the global economy, as it handles more than 95% of China’s global trade transportation and supports China’s high-level opening-up and...

10. www.chinadaily.com.cn › a › 202110China seen as well positioned to lead global shipping industry

    www.chinadaily.com.cn › a › 202110

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    Oct 21, 2021 · "The shipping industry plays an important role in the nation's economy and global trading through supporting domestic circulation and contributing to economic globalization," Li Xiaopeng, China's minister of transportation, told the forum. "While significant achievements have been made over the years, the challenges remain."