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Ocean Economy Concept Surges Strong; Deep Sea Optics, CSTI Marine Communications and Others Rise Sharply
The concept of the marine economy experienced a strong surge during intraday trading on the 16th. As of the latest report, Deepwater Hainan, China Science and Technology Sea Information, and Clait rose over 13%, while Oriental Marine and Shenkai Holdings hit the daily limit-up.
Galaxy Securities pointed out that the ocean is an important area for the formation of new productive forces and has become a growth pole for high-quality economic development. The rise of industries such as offshore wind power and marine biomedicine has driven structural optimization, and emerging marine technologies are also empowering the upgrade of traditional marine industries. Structurally, China has formed a three-tier framework of core marine industries—research and public management—and related upstream and downstream industries. In terms of scale, by 2024, China’s marine economy will surpass 10 trillion yuan, with the international market share of the marine shipbuilding industry and marine engineering equipment manufacturing leading. Marine services added value accounts for about 60% of the marine gross domestic product, and it is becoming a new economic growth point.