A report released by the State Oceanic Administration on Thursday reveals that the oceanic industry in China saw rapid growth in 2005 and predicts a smooth development this year.
The figures show that the added value of the oceanic industry reached 720 billion yuan, or about 89 billion US dollars, last year, up 12 percent over 2004.
The output value of coastal tourism, marine fisheries and maritime transportation lead the top three in the oceanic industry, accounting for three fourths of the total output amount.
The marine pharmaceutical industry also saw dramatic growth last year.
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Foreigners in China have to pay income tax if they earn over US$592 per month.
Golf courses and gas stations in Beijing will be under close watch.
