Aquaculture and fishing spawn robust revenues

Qingdao's fishing and aquaculture have developed rapidly in recent years to become crucial to the city's marine economy.

"Qingdao will accelerate modernization of the industry and make it a mainstay," Huang Yusong, director-general of Qingdao Ocean and Fishery Bureau, told China Daily.

According to the 11th Five-Year Plan (2006-10) for Qingdao's marine economy, the total production value of the fishery industry will reach 25.8 billion yuan by 2010, when annual average per capita net income of those harvesting and fishing will hit 11,000 yuan.