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China's Aquaculture Industry Experiences Rapid Growth

Economics +1 more

CHINA - A new report shows that China's aquaculture industry has been growing dramatically, with aquaculture output growing to around 38.288 million MT in 2010 from 1.212 million MT in 1978.

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According to the Research Report on China Aquaculture & Aquatic Feed Industry, the proportion of total aquatic products output increased to 71.3 per cent in 2010 from 26.4 per cent in 1978.

Aquaculture distribution has also changed significantly, from the traditional breeding areas of Yangtze River and Pearl River basin expanding to all over the country, reports ReportsnReports.

Cultured species have taken on a tendency of diversification and higher quality.

Marine culture has developed from the traditional species of shellfish and algae to shrimp, shellfish, fish, algae and high value species.

The aquatic feed industry has also developed rapidly. The output of aquatic feed was only 0.746 million MT in 1991, accounting for 2.1 per cent of the total feed production, and increased to 15.02 million MT in 2010, accounting for 9.3 per cent of the total feed production.

With the development of aquaculture and the aquatic feed industry, the scale of aquaculture companies and aquatic feed manufacturers has also gradually expanded.