IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i12p4844-d191566.html
   My bibliography  Save this article

China’s Maritime Economic Development: A Review, the Future Trend, and Sustainability Implications

Author

Listed:
  • Wai-Ming To

    (School of Business, Macao Polytechnic Institute, Macao, China)

  • Peter K. C. Lee

    (Department of Logistics and Maritime Studies, The Hong Kong Polytechnic University, Hong Kong, China)

Abstract

China has experienced unprecedented economic growth and structural change in the past decades. This paper reviews the development of China’s maritime economy for the period of 2002 to 2017. According to official data from China’s government, the total production value of China’s maritime economy increased from RMB 1068 billion in 2002 to RMB 7761 billion in 2017, thus contributing to about 10 percent of China’s total gross domestic product. This paper applies four-parameter logistic models to identify the associated trends and predicts the near-future values for the total, primary, secondary, and tertiary sectors of China’s maritime economy. It is projected that China’s total maritime economy will reach RMB 8894 billion in 2019. Besides, the growth of China’s maritime economy has been and will be dominated by the growth in the tertiary sector, particularly of China’s coastal tourism and transport industries. Specifically, China’s coastal tourism increased from RMB 147.8 billion in 2002 to RMB 1463.6 billion in 2017. In terms of spatial development, the east and north-east coasts of China experience more rapid maritime economic growth than the south-east coast. The implications for the sustainability of China’s maritime economy are presented.

Suggested Citation

  • Wai-Ming To & Peter K. C. Lee, 2018. "China’s Maritime Economic Development: A Review, the Future Trend, and Sustainability Implications," Sustainability, MDPI, vol. 10(12), pages 1-13, December.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:12:p:4844-:d:191566
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/12/4844/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/10/12/4844/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fernández-Macho, Javier & Murillas, Arantza & Ansuategi, Alberto & Escapa, Marta & Gallastegui, Carmen & González, Pilar & Prellezo, Raul & Virto, Jorge, 2015. "Measuring the maritime economy: Spain in the European Atlantic Arc," Marine Policy, Elsevier, vol. 60(C), pages 49-61.
    2. Beate El-Chichakli & Joachim von Braun & Christine Lang & Daniel Barben & Jim Philp, 2016. "Policy: Five cornerstones of a global bioeconomy," Nature, Nature, vol. 535(7611), pages 221-223, July.
    3. Shen, Gongming & Heino, Mikko, 2014. "An overview of marine fisheries management in China," Marine Policy, Elsevier, vol. 44(C), pages 265-272.
    4. Lee, Min-Kyu & Yoo, Seung-Hoon, 2014. "The role of the capture fisheries and aquaculture sectors in the Korean national economy: An input–output analysis," Marine Policy, Elsevier, vol. 44(C), pages 448-456.
    5. Lijing Yang & Ping Wang & Linglong Cao & Yongjian Liu & Lei Chen, 2016. "Studies on Charges for Sea Area Utilization Management and Its Effect on the Sustainable Development of Marine Economy in Guangdong Province, China," Sustainability, MDPI, vol. 8(2), pages 1-16, January.
    6. Kwak, Seung-Jun & Yoo, Seung-Hoon & Chang, Jeong-In, 2005. "The role of the maritime industry in the Korean national economy: an input-output analysis," Marine Policy, Elsevier, vol. 29(4), pages 371-383, July.
    7. Wai-Ming To & Peter K. C. Lee, 2017. "A Triple Bottom Line Analysis of Hong Kong’s Logistics Sector," Sustainability, MDPI, vol. 9(3), pages 1-10, March.
    8. Fernández-Macho, Javier & González, Pilar & Virto, Jorge, 2016. "An index to assess maritime importance in the European Atlantic economy," Marine Policy, Elsevier, vol. 64(C), pages 72-81.
    9. Shih-Hao Wang & Meng-Tsung Lee & Pierre-Alexandre Château & Yang-Chi Chang, 2016. "Performance Indicator Framework for Evaluation of Sustainable Tourism in the Taiwan Coastal Zone," Sustainability, MDPI, vol. 8(7), pages 1-13, July.
    10. Wai-Ming To & Peter Ka Chun Lee & Tsz-Ming Lai, 2017. "Modeling of Monthly Residential and Commercial Electricity Consumption Using Nonlinear Seasonal Models—The Case of Hong Kong," Energies, MDPI, vol. 10(7), pages 1-16, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sheng Zhang & Guoxiang Han & Ran Yu & Zuhui Wen & Meng Xu & Yifu Yang, 2021. "The Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach," Sustainability, MDPI, vol. 13(21), pages 1-12, October.
    2. Yongjian Xu & Siyu Zhu & Yiting Zhou & Andi Pramono & Zhongliang Zhou, 2020. "Changing Income-Related Inequality in Daily Nutrients Intake: A Longitudinal Analysis from China," IJERPH, MDPI, vol. 17(20), pages 1-16, October.
    3. Renfeng Ma & Bo Hou & Wenzhong Zhang, 2019. "Could Marine Industry Promote the Coordinated Development of Coastal Provinces in China?," Sustainability, MDPI, vol. 11(4), pages 1-16, February.
    4. Bangwen Lu & Changwu Liu & Jungang Guo & Naiqi Feng, 2023. "Study on Physical and Mechanical Properties of High-Water Material Made by Seawater," Sustainability, MDPI, vol. 15(4), pages 1-13, February.
    5. Wai-Ming To, 2022. "A Bibliometric Analysis of World Issues—Social, Political, Economic, and Environmental Dimensions," World, MDPI, vol. 3(3), pages 1-20, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jun, Wang Ki & Lee, Min-Kyu & Choi, Jae Young, 2018. "Impact of the smart port industry on the Korean national economy using input-output analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 480-493.
    2. Wang, Yixuan & Wang, Nuo, 2019. "The role of the port industry in China's national economy: An input–output analysis," Transport Policy, Elsevier, vol. 78(C), pages 1-7.
    3. Wang, Ying & Hu, Jianfeng & Pan, Haoran & Li, Shiyu & Failler, Pierre, 2016. "An integrated model for marine fishery management in the Pearl River Estuary: Linking socio-economic systems and ecosystems," Marine Policy, Elsevier, vol. 64(C), pages 135-147.
    4. Chang, Young-Tae & Shin, Sung-Ho & Lee, Paul Tae-Woo, 2014. "Economic impact of port sectors on South African economy: An input–output analysis," Transport Policy, Elsevier, vol. 35(C), pages 333-340.
    5. Wai-Ming To & Peter K. C. Lee & Antonio K. W. Lau, 2021. "Economic and Environmental Changes in Shenzhen—A Technology Hub in Southern China," Sustainability, MDPI, vol. 13(10), pages 1-17, May.
    6. Jones, R.E. & Speight, R.E. & Blinco, J.L. & O'Hara, I.M., 2022. "Biorefining within food loss and waste frameworks: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 154(C).
    7. Daniela Firoiu & George H. Ionescu & Teodor Marian Cojocaru & Mariana Niculescu & Maria Nache Cimpoeru & Oana Alexandra Călin, 2023. "Progress of EU Member States Regarding the Bioeconomy and Biomass Producing and Converting Sectors," Sustainability, MDPI, vol. 15(19), pages 1-22, September.
    8. Hongzhi Ma & Yexi Zhong & Minghui Ou & Wenhui Wang & Xinghua Feng, 2022. "The Transformation of Fishermen’s Livelihoods in the Context of a Comprehensive Fishing Ban: A Case Study of Datang Village at the Poyang Lake Region, China," Land, MDPI, vol. 11(12), pages 1-14, December.
    9. Zian Chen & Sunhee Suk, 2023. "Analysis of Changes in Inter-Industrial Linkages and Economic Effects of Coal Industry in China Using Input–Output Model," Sustainability, MDPI, vol. 15(20), pages 1-19, October.
    10. Yingying Qiu & Dan He & Zhe Xu & Xiaoliang Shi, 2023. "The Role of the Forest Recreation Industry in China’s National Economy: An Input–Output Analysis," Sustainability, MDPI, vol. 15(12), pages 1-15, June.
    11. Benoit Mougenot & Jean-Pierre Doussoulin, 2022. "Conceptual evolution of the bioeconomy: a bibliometric analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(1), pages 1031-1047, January.
    12. Atif Maqbool Khan & Magdalena Osińska, 2022. "Energy Consumption under Circular Economy Conditions in the EU Countries," Energies, MDPI, vol. 15(21), pages 1-17, October.
    13. Byun, Jeongeun & Park, Hyun-woo & Hong, Jae Pyo, 2017. "An international comparison of competitiveness in knowledge services," Technological Forecasting and Social Change, Elsevier, vol. 114(C), pages 203-213.
    14. María J. Moreno & F. Javier Otamendi, 2017. "Fostering Nautical Tourism in the Balearic Islands," Sustainability, MDPI, vol. 9(12), pages 1-20, November.
    15. Wai-Ming To & Peter K. C. Lee, 2017. "Energy Consumption and Economic Development in Hong Kong, China," Energies, MDPI, vol. 10(11), pages 1-13, November.
    16. Jasiński, Tomasz, 2019. "Modeling electricity consumption using nighttime light images and artificial neural networks," Energy, Elsevier, vol. 179(C), pages 831-842.
    17. Qi Chen & Weiteng Shen & Bing Yu, 2018. "Assessing the Vulnerability of Marine Fisheries in China: Towards an Inter-Provincial Perspective," Sustainability, MDPI, vol. 10(11), pages 1-14, November.
    18. Xuezhou Wen & Daniel Quacoe & Dinah Quacoe & Kingsley Appiah & Bertha Ada Danso, 2019. "Analysis on Bioeconomy’s Contribution to GDP: Evidence from Japan," Sustainability, MDPI, vol. 11(3), pages 1-17, January.
    19. Walther Zeug & Alberto Bezama & Urs Moesenfechtel & Anne Jähkel & Daniela Thrän, 2019. "Stakeholders’ Interests and Perceptions of Bioeconomy Monitoring Using a Sustainable Development Goal Framework," Sustainability, MDPI, vol. 11(6), pages 1-24, March.
    20. Egan, Michael & Hynes, Stephen, 2014. "Results from a short survey of Marina visitors and operators in Ireland," Working Papers 262586, National University of Ireland, Galway, Socio-Economic Marine Research Unit.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:12:p:4844-:d:191566. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.