CHINA China, EU builds industrial park on maritime economy in Shenzhen

CHINA

China, EU builds industrial park on maritime economy in Shenzhen

Xinhua

04:37, December 09, 2017

china-eu-flags-graphic2.jpg

Photo: Xinhua

A China-EU maritime economy industrial park will be built in south China's Shenzhen city, according to the local authority. 


The China-EU blue industrial park will be a hub for maritime cooperation between China and the EU. 

Wang Hong, head of the State Oceanic Administration of China, said coastal provinces, which accounted for 14 percent of China's territory, generated 60 percent of the country's GDP. 

"Ocean-involved companies provided 36 million jobs, and the gross ocean product exceeded 7 trillion yuan in China last year," he said. 

Six companies in China and the EU signed cooperation agreements on maritime economy Friday. 

During the 18th bilateral summit between the EU and China, China and the EU agreed to establish 2017 as the China-EU Blue Year.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue