The gross production value of China's fishery was 16.37 hundred billion yuan in 2023. Forecasts indicate continuous annual growth from 2024 to 2028, reflecting a compounded annual growth rate (CAGR) of 4.5%. Year-on-year percentage increases are 5.1% for 2024, 5.1% for 2025, 4.8% for 2026, 4.5% for 2027, and 4.3% for 2028. This incremental growth suggests stable advancement in the Chinese fishery sector driven by sustainable practices and technological integration.
Future trends to watch for:
- Impact of climate change on fisheries and aquaculture.
- Technological advancements in sustainable fishing methods.
- Government policies supporting growth in the fisheries sector.
- International trade dynamics affecting fish export markets.
